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2 years ago

Intangible assets

Business

1 answer:

Ostrovityanka [42]2 years ago

4 0

Answer:

a) should be reported as a separate classification on the balance sheet.

Explanation:

Intangible assets such as software cost are not physical or tangible assets and as such <u>cannot</u> be reported under the heading Property, Plant, and Equipment.

Intangible assets like some elements of Property, Plant, and Equipment are used for more than a year and as such are usually non current assets.

Intangible assets are reported in the balance sheet as (like other assets), economic benefits flow to the entity from the use of intangible assets.

Hence, the right option is a) should be reported as a separate classification on the balance sheet.

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McFadden, Inc. has collected the following data. (There are no beginning inventories.)Units produced 600 unitsSales price $150 p

vodka [1.7K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Units produced 600 units

Direct materials $40 per unit

Direct labor $13 per unit

Variable manufacturing overhead $6 per unit

Variable selling and administrative costs $4 per unit

The variable costing method calculates the cost of goods based on direct material, direct labor, and variable manufacturing overhead.

First, we need to calculate the unitary cost of production:

unitary cost= 40 + 13 + 6= $59

Inventory= 600 units - 450 units= 150 units

Inventory cost= 150*59= $8,850

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3 years ago

What are three common types of federal taxes?

anastassius [24]

three common types of federal taxes are :

1. income tax

2. Property tax

3.Sales tax

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2 years ago

Assume that subway tokens are $1.50 today and the price will go up to $2.00 tomorrow. how many tokens would you buy?

Ivan

The number of tokens to be purchased will depend on the purchasing power of my present capital.

<h3>What is a subway tokens?</h3>

It means those metal or plastic disk that can be redeemed, used in designated slot machines which are mostly used to pay for entry to the subway system.

Despite that the effect of inflation could push the subway tokens which are $1.50 today to go up to $2.00, the number of tokens to be purchased will depend on the purchasing power of my present capital.

Read more about purchasing power

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1 year ago

Given the following information: Percent of capital structure: Preferred stock 10 % Common equity (retained earnings) 40 Debt 50

sasho [114]

Answer: 8.23%

Explanation:

Firstly, we will calculate the cost of debt which will be:

= Yield (1-Tax rate)

= 9% × (1-0.34)

= 9% × 0.66

= 5.94%

Then, the Cmcost of preferred stock will be:

= 7/(104-9.40)

= 7/(94.6)

= 7.39%

We will also get the value of the cost of equity which will be:

= (Dividend expected common/Price common) + growth rate

= (2.50/76) + 8%

= 3.29% + 8%

= 11.29%

For Debt:

Cost after tax: 5.94

Weight = 50%

Weighted cost = 5.94 × 50% = 2.97

For Preferred stock:

Cost after tax: 7.39

Weight = 1%

Weighted cost = 7.39 × 10% = 0.74

For Common equity

Cost after tax: 11.29

Weight = 40%

Weighted cost = 11.29 × 40% = 4.52

Weighted average cost of capital = 2.97 + 0.74 + 4.52 = 8.23%

8 0

2 years ago

An endcap display that contains fast-selling items would most likely need

alexdok [17]

Answer:

D. Every day

Explanation:

an end cap display that contains a fast selling items would definitely need changes more often in the space of everyday because that is where customers visit the more once they enter into the supermarket the more changes made by the faster the the items displayed gets selling

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2 years ago