Answer:
a. derives its value from the rights and privileges it provides the owner.
Explanation:
The intangible asset are those assets that cannot be touched or seen that means it does not have any physical substance
In this, the amortization expenses are recognized.
The intangible assets consist of patents, copyrights, goodwill, and other intellectual proprieties.
Moreover, it is categorized on the asset side of the balance sheet
and the operating cycle contains only days inventory outstanding + days sale outstanding so the intangible asset does not relevant.
People who work in human services help people overcome obstacles and access services such as counseling, therapy and rehabilitation. They work to improve the lives of those in need who are most in need of these services.
Answer:
Direct labor.
Direct materials.
Manufacturing supplies.
Wages for the production staff.
Fuel or power consumption.
plz follow me
Answer:
Explanation:
Cash Payment to customers: $450,000 x contract rate of 9% x 1/2 = $20,250
Amortization of the premium: $11,795/6 periods = $1,966
Bond interest Expense: $20,250 - $1966 = $18,284
Answer: $12,900
Explanation:
From the question, we are told that Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about buying his LLC interest. Bob's outside basis in Freedom, LLC, is $7,000 which includes his $1,900 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $14,000. We are further told that Tom bought Bob's LLC interest for $11,000.
Tom's outside basis be in Freedom, LLC will be the amount that he paid for Bob's LLC interest plus the share of LLC’s debt. This will be:
= $11,000 + $1,900
= $12,900
