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3 years ago

Van Frank Telecommunications has a patent on a cellular transmission process.

Business

1 answer:

Sonbull [250]3 years ago

8 0

Answer:

Van Frank Telecommunications

December 31, 2016:

Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

To record the revised amortization expense for the year.

Explanation:

Data and Calculations:

Patent's value on January 1, 2012 = $19,800,000

Patent's assessed lifespan = 9 years

Amortization expense for each year on straight-line = $2,200,000 ($19,800,000/9)

Accumulated Amortization for Patent = $6,600,000 (for 3 years)

Net book value of patent = $13,200,000 ($19,800,000 - $6,600,000)

Revised lifespan = 6 years

Revised amortization expense per year = $4,400,000 ($13,200,000/3)

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Explanation:

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A good strategy for maintaining their position can be done through putting spot-light on the celebrity users of Sumac e-reader.This will be highlighted among celebrity fans or followers and general customers. It will promote or inspire people to purchase Sumac e-reader more as celebrities are using their product.

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3 years ago

A company has a selling price of $1,300 each for its printers. Each printer has a 2 year warranty that covers replacement of def

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Answer:

$56,000

Explanation:

The computation of the warranty expense for the month of November is shown below:

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We simply multiplied the number of printers with the estimated percentage and the average printer cost so that the warranty expense could come

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2 years ago

Marketers describe the way a consumer processes information to arrive at brand choices as ________.

myrzilka [38]

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3 years ago

South Tel Communications is considering the purchase of a new software management system. The system is called B-lmage, and it i

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Answer:

Explanation:

South Tel Communications is considering the purchase of a new software management system. The system is called B-image, and it is expected to drastically reduce the amount of time that company technicians spend installing new software. South Tel's technicians currently spend 6,000 hours per year on installation which cost South Tel $25 per hour. The owners of the B-image system claim that their software can reduce time on task by at least 25%. The system requires an initial investment of $55,000 and an additional investment of$10,000 for technician training on the new system. Annual upgrades will cost the firm $15,000 per year. Because the investment is comprised of software, it can be fully expensed in the year of the expenditure (no depreciation). South Tel faces a 30% tax rate and uses a 9% cost of capital to evaluate projects of this type.

A. Assuming that South Tel has sufficient taxable income from other projects so that it can immediately expense the cost of the software, what are the free cash flows for the project for years zero through five?

Total (65,000)

Cash flow year 1 - 5

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Less: Annual upgrades ( 15,000)

Total 435,000

Less: Tax (30%) (130,500);

Total project free cash flow 304,500.answer

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3 years ago

If the unemployment rate is 9 percent and the natural rate of unemployment is 5 percent, then the:___________. A. frictional une

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Answer:

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The answer is C. cyclical unemployment rate is 4 percent.

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3 years ago