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nasty-shy [4]
3 years ago
13

Given the following account balances at year end, compute the total intangible assets on the balance sheet of Anisha Enterprises

.
Cash $1,500,000
Accounts Receivable 4,000,000
Trademarks 1,000,000
Goodwill 4,500,000
Research & Development Costs 2,000,000

a. $11,500,000
b. $7,500,000
c. $5,500,000
d. $9,500,000
Business
1 answer:
Rina8888 [55]3 years ago
3 0

Answer:

c. $5,500,000

Explanation:

Intangible assets are those assets which does not have any physical existence and therefore it's not possible to touch, it means these assets are not physical in nature such as Trademarks, which is an intellectual property that identifies product or services of a company.

Goodwill, is the value of a company because of the reputation or product it sells, the value of the company it's higher than the total value of its assets.

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Name three traits of a target audience
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marta [7]

Answer:

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Explanation:

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First we have to calculate the percentage which is based on current period cost to total period cost.

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Estimated Cost percentage =  current period cost ÷ total period cost

                                              = $48 million ÷ $120 million

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Revenue recognized = Estimated cost percentage × Revenue

                                   = 40% × $160 million

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7 0
3 years ago
When the interest rate on a bond is​ ________ the equilibrium interest​ rate, in the bond market there is excess​ ________ and t
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valentinak56 [21]

Answer:

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December 31, 2022.

<u>Details                                                                       Amount ($)</u>

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Net cash provided (used) by operating activities  <u> 325,000 </u>

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