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3 years ago

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

Business

1 answer:

Kazeer [188]3 years ago

8 0

Answer:

Total amount reported for intangible assets: $90,400

Explanation:

An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory

Among the listed items, tangible assets in Joni Kingbird Inc. include Trademarks of 14,300 and Excess of cost over fair value of net identifiable assets of acquired subsidiary 76,100. The total intangible asset is $90,400 .

Deposits with advertising agency for ads to promote goodwill of company 11,100, will not book in intangible asset as it’s just deposit now, the total cost after this work is completed will then book in intangible asset.

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What is the main motive behind dealer incentives?

lbvjy [14]

The main motive behind dealer incentives is to give the dealers a low price for stocking the companies products. The company that gives the biggest dealer incentive will attract more dealers to actively sell the product of that company. It can be seen in case of cars, the incentives given by the manufacturers to their dealers for stocking the cars.

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3 years ago

Hot Shot Delivery Inc. provides the following year end data:

saw5 [17]

Answer:

27.3%

Explanation:

rate of retun on assets:

$\frac{Income}{Assets} = $Assets rate of return$

where:

Net income: 112,000

2018 Assets: 410,000

$\frac{112,000}{410,000} = $Assets rate of return$

$Assets rate of return 0.2731707317073171‬ = 27.32%

During 2018 each dollar of assets generate 27.32 cents of income.

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3 years ago

A financier plans to invest up to $600,000 in two projects. Project A yields a return of 9% on the investment x dollars, whereas

USPshnik [31]

Answer:

Project A = $240,000

Project B = $360,000

Explanation:

Planned Investment amount = $600,000

Project A = x dollars, with 9% return

Project B = Y dollars, with 16% return

Project B should not exceed 40% of total investment amount

Therefore, if y dollars is spent on project B,

(600,000 - y) is spent on project A

Return on project A :

0.09(600,000 - y) = 54,000 - 0.09y

Return on project B :

0.16y

Total return = return on A + return on B

54,000 - 0.09y + 0.16y

Total return = 54,000 + 0.07y

Note: Project B should not exceed 40% of investment, Therefore,

y <= 0.4(600,000)

y <= 240,000

slope of the function is positive '54,000 + 0.07y', total return increases when y increases.

Therefore return on investment will be maximized when y = 240,000, as it should not exceed 40% for project B and the rest 360,000 can be invested in project A.

6 0

3 years ago

3) Tobi owns a perpetuity that will pay $1,500 a year, starting one year from now. He offers to sell you all of the remaining pa

Lesechka [4]

Answer:

you should pay up to $2,737.84 to Tobi

Explanation:

first, the terminal price of the perpetuity must be determined = annual payment / r = $1,500 / .08 = $18,750

now, the present day value of the future terminal value

present value = future value / (1 + r)ⁿ = $18,750 / (1 + 8%)²⁵ = $2,737.84

5 0

3 years ago

Linear programming, simulation and waiting line theory are most closely associated with which era in the historical development

Strike441 [17]

Answer:

operations research

Explanation:

Operations research -

It is the research method , which deals with the application of the analytical method which enables to make good method , is referred to as operations research.

Stimulation , Linear programming and waiting line theory , are under the operations research .

Hence, from the given information of the question,

The correct term is operations research.

5 0

3 years ago