Explanation:
Because trademarks have an unlimited effective life of 4 million dollars, the regulation is not valid.
Goodwill and immaterial properties are not amortized but are checked for damage annually for infinite useful lives.
The copyright worth $6 million for five years is the only inviolable thing you can amortize.
The gross amortization cost in relation to these things in the income statement of Burger Mania for the first year ending December 31 would amount to $800,000.
A home you can live in it longer than when you rent a home.
True Some no activist believe in a predetermined money growth rate
The ratio that would help Liam to come with this decisions is what is called the leverage ratio.
<h3>What is the leverage ratio?</h3>
This is the term that is used to refer to the financial measurement that is used to assess the ability of a company to get to its financial needs.
This ratio is used to check if the company is able to meet with its financial obligation or not.
It helps to measure the expenses mix of the company in such a way that they would be able to tell the changes in out put and how it affects the income that was used for operation.
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