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Eddi Din [679]
3 years ago
12

On January 1, 2019, Charlie Corporation acquires all of the net assets of Rocky Corporation for $2,000,000. The following intang

ible assets are included in the purchase agreement: Assets Acquisition Cost Goodwill and going concern value $105,000 Licenses $ 45,000 Patents $ 60,000 Covenant not to compete for five years $120,000 What is the total amount of amortization allowed in 2019?.
Business
2 answers:
Amiraneli [1.4K]3 years ago
7 0

Answer:

Amortization allowed in 2019 = ($2,000,000 - $105,000 - $45,000 - $60,000 - $120,000) / (5)

                                                = $334,000

Explanation:

In accounting, amortization refers to expensing the acquisition cost minus the residual value of intangible assets in a systematic manner over their estimated "useful economic lives" so as to reflect their consumption, expiry, and obsolescence, or other decline in value as a result of use or the passage of time.

https://en.wikipedia.org/wiki/Amortization_(business)

GaryK [48]3 years ago
6 0

Answer:I would love to help but I need help with mutiplcation... LOL i am soooo dumb

  HELP ME Explanation:

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4 0
3 years ago
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You need to keep an inventory of all company computers. You want to use a mechanism that will help you to identify the assets. W
timama [110]

Answer: Labeling

Explanation:

The mechanism that can be used to keep an inventory of all company computers in order to help identify the assets is referred to as labeling.

Labeling is simply defined as the display of information about a certain product. This is vital to help customers easily identify the good and also makes it different from other.

5 0
3 years ago
Based on your results, how much does the captive offshoring model allow for risk? the answer is the difference between the tcos
blsea [12.9K]

The captive offshoring model allows for risk solely based on the Ricardian model.

<h3>What is the Ricardian model?</h3>
  • While the Heckscher-Ohlin model exclusively examines trade in finished goods, the Ricardian model can be used to assess offshoring.
  • There is no distinction because offshore may be studied using the offshoring, Ricardian, and Heckscher-Ohlin trade models.
  • The Ricardian model is an economic theory that proposes that countries export what they can produce most efficiently and plentifully.
  • Ricardian model is used to evaluate trade as well as, the equilibrium of trade between two countries that have varying specialties and natural resources
  • The Ricardian model shows that if anyone wants to maximize total output in the world, then one should fully employ all resources worldwide, allocate those resources within countries to each country's comparative advantage industries, and allow the countries to trade freely thereafter.

To learn more about Ricardian model with the given link

brainly.com/question/24261385

#SPJ4

5 0
2 years ago
An automated car wash serves customers with the following serial process: pre-treat, wash, rinse, wax, hand dry. Each of these s
AveGali [126]

a) 12 customers per hour is the flow rate of the process.

b)  if the car wash has a demand of 15 cars per hour 60 percent   is the utilization of the machine that performs the wax process.

<h3><u>Explanation:</u></h3>

a) The bottle neck which is the process of washing has a capacity of  12 number of cars as its minimum capacity. The flow rate is considered as the minimum capacity of the bottleneck. Thus, flow rate of the process will be 12 customers per hour.  

b) The utilization capacity can be calculated by dividing  flow rate by  the capacity of the process step.

Here the demand is 15 cars per hour. The calculated flow rate is 12 cars per hour.  The difference is 3.

Thus the capacity of the machine which performs the wax process will be  1 / 3 × 60 = 20 cars per hour.

Thus the utilization of this machine is 12 / 20 = 60 percent.

Utilization is the flow rate divided by the capacity of the process step.

5 0
3 years ago
Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va
bonufazy [111]

Answer:

b. $34,000.

Explanation:

The computation of contribution margin is shown below:-

Particulars          Bales      Tales     Wales

Seeling price     $55          $78          $32

Variable cost     $20           $50         $15

Contribution

margin                $35          $28          $17

Required hour to

process                5             7              1

Contribution margin

per hour             7                4              17

Maximum contribution margin is

= Contribution margin per hour × number of machine hours

= 17 × 2,000

= $34,000

8 0
3 years ago
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