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sleet_krkn [62]
3 years ago
11

Skysong Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $432,000 and a re

maining useful life of 8 years. During 2020, Skysong incurred research and development costs of $93,000 and brought a patent infringement suit against a competitor. On December 1, 2020, Skysong received the good news that its patent was valid and that its competitor could not use the process Skysong had patented. The company incurred $110,500 to defend this patent. At what amount should patent(s) be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents?
Business
1 answer:
skelet666 [1.2K]3 years ago
3 0

Answer:

487200

Explanation:

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When a policy is surrendered for its cash value,?
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The cash surrender value<span> is the sum of money an insurance company pays to the policyholder or annuity holder in the event his </span>policy<span> is voluntarily terminated before</span>its<span> maturity or the insured event occurs.</span>
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You are browsing through job listings for global marketing-related jobs on Monster. One job catches your attention because it li
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Explanation:

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3 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,075 2 1,210 3 1,340 4 1,4
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Answer:

the future value of the cash flow in year 4 is $5,632.73

Explanation:

The computation of the future value of the cash flow in year 4 is as follows:

= $1,075 × (1.08^3) + $1,210 × (1.08^2) + $1,340 × (1.08^1) + $1,420 ×(1.08^0)

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The same is to be considered and relevant  

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€2,500 million

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Answer:

C.) Push System.

Explanation:

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