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STatiana [176]
3 years ago
14

Joni Metlock Inc. has the following amounts reported in its general ledger at the end of the current year.

Business
1 answer:
stepladder [879]3 years ago
6 0

Answer:

$88,000

Explanation:

Computation of the total amount to be reported as intangible assets on its balance sheet

Using this formula

Total amount to be reported as intangible assets = Trademarks + Excess of cost over fair value of net assets of acquired subsidiary

Let plug in the formula

Total amount to be reported as intangible assets = $12,700 + $75,300

Total amount to be reported as intangible assets = $88,000

Therefore the total amount to be reported as intangible assets on its balance sheet bat year end will be $88,000

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Imagine that an exchange student from China visits your class. While your teacher discusses how the United States has a limited
Marrrta [24]

The point best highlights about the US government limited power is that limited government protects individual freedoms. Thus the option (C) is correct.

<h3>What is Government?</h3>

Government refers to the group of individual governing the nation. The main role of the government is the protect of its territory from the outsiders. It functions in various sectors such as health, education, defense, infrastructure etc.

As per the above scenario, a Chinese students asks his teacher that why the American government has the limited power the best reason for the limited power is government protects the individual freedom by diving the power into many hands.

With the distribution of the power in the different branches has led to the enjoy the individual freedom. Thus the option (C) is correct.

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8 0
2 years ago
why and how is the job market for administrative professionals growing or declining? what effect do you think the economy and te
Contact [7]

Explanation:

The technology will grow until 2022, and our job will have definitely improved by making it easier to communicate to our customers and by providing managers with jobs that managers have been paid less.

The job market for management workers has risen since the economic downturn in the 2008-2009 recessions.

This is anticipated to increase, as administrative workers work in economic sectors, such as education, social services, legal aid, health care and finance, that are growing and creating new jobs. The employers are looking to reoccupy these positions with so many jobs lost during the crisis and the recent recovery in the economy.

7 0
3 years ago
What is the future value of a 500 annuity payment over wight years if interest rates are 14 percent?
Setler [38]

The future value of a 500 annuity payment over wight years if interest rates are 14 percent is $6,616.38.

The value of an asset at a future date is its future value. It is the present value multiplied by the accumulation function, and it estimates the nominal future sum of money that a certain amount of money is "worth" at a given point in the future under the assumption of a specific interest rate, or rate of return. The value is unadjusted for inflation or any other future-related variables that may impact the real value of money. Calculations of the time worth of money use this.

The value of money changes over time; for example, $100 now is worth less than $100 in five years. This is because $100 invested today in a stock, a bond, or any other investment will grow or decrease depending on the rate of return. Additionally, due to inflation (an increase in the purchasing price), if $100 is used to acquire an item today, it's probable that $100 won't be enough to do so in five years.

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brainly.com/question/14860893

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6 0
2 years ago
Samuel slips on an icy spot in front of an apartment and is hospitalized for three weeks. The owner of the apartment pays Samuel
andrey2020 [161]

Answer:

B) $1,800.

Explanation:

$14,000 in medical expenses are not part of Samuel's gross income.

$7,000 in disability payments are not included in Samuel's gross income because he paid the premiums.

$4,000 in pain and suffering compensation are not part of your gross income.

The only payments that are part of Samuel's gross income and therefore are taxed, are his regular monthly salary payments = $1,800. If Samuel's disability insurance premium had been paid by his employer, then the $7,000 would have been taxable.

8 0
3 years ago
The following data have been provided by Liggett Corporation: Budgeted production 7,400 units Standard machine-hours per unit 6.
abruzzese [7]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Budgeted production 7,400 units Standard machine-hours per unit 6.6 machine-hours Standard lubricants rate $ 3.50 per machine-hour

Actual production 7,600 units Actual machine-hours (total) 49,840 machine-hours Actual lubricants cost (total) $ 179,821

Manufacturing overhead spending variance= (standard rate - actual rate)* actual quantity

Manufacturing overhead spending variance= (3.5 - 3.607965)*49,840= 5,381 unfavorable

5 0
3 years ago
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