1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:

You might be interested in
At a price of $15 each, Marta buys 4 books per month. When the price increases to $20, Marta buys 3 books per month. Luz says th
Lapatulllka [165]

Answer:

No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.

Explanation:

For $15 per book, the quantity demanded was 4 books per month.

When the price increases to $20 per book, the quantity demanded fell to 3 books per month.

This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.

So, Luz's statement here is incorrect.

4 0
3 years ago
n autarky, suppose that equilibrium sugar price is $100 per ton in Birdonia, a small agricultural nation. Now, suppose Birdonia
Rainbow [258]

Answer:

the domestic price of sugar will increase to $125.

Explanation:

Since the world price of sugar is higher than the domestic price, domestic producers of sugar will export their products in order to earn a higher profit. That will eventually lead to an increase in the equilibrium price from $100 (former equilibrium price) to a higher price equal to the world price ($125).

6 0
3 years ago
a 1000 par value 18-year bond with annual coupons is bought to yield an annual effective rate of 5%. the amount for amortization
marta [7]

The book value of the bond at the end of year 10 is 1,160

What is the basis for determining premium amortization?

The bond premium amortization is assumed to be determined using the straight-line basis such that bond premium amortized in each year is the same for 18 years of bond investment, in other words, the year 10 bond premium amortization of 20 is the same for all other years.

Total premium on bond issuance=20*18

total premium on bond issuance=360

bond price issued price=par value+ premium=1000+360=1360

As at the end of the 10th year, bond premium amortized thus far is 20 multiplied by 10 years

bond premium amortized=20*10=200

book value of the bond at the end of year 10=1360-200

book value of the bond at the end of year 10=1,160

Find out more about bond premium on:brainly.com/question/14814327

#SPJ1

3 0
1 year ago
Some experts believe that 15​% of all freshwater fish in a country have such high levels of mercury that they are dangerous to e
djverab [1.8K]
Duhhhhhhhh indont know I’m a middle school
3 0
3 years ago
The standard direct labor hours allowed is computed as a.Unit Labor Standard × Actual Output. b.Unit Labor Standard × Practical
Vladimir [108]

Answer:

a. Unit Labor Standard × Actual Output.

Explanation:

The standard direct labor hours allowed is the number of hours held for per unit based on the actual number of units produced. It can be determined by multiplying the unit labor based on standard per hour with the actual output

In mathematically,

Standard direct labor hours allowed =  Unit Labor Standard × Actual Output

Hence, all other options are wrong

5 0
3 years ago
Other questions:
  • An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The co
    9·1 answer
  • Marine Midland Bank sent market researchers door-to-door in the neighborhoods surrounding its branch banks. Each researcher want
    14·1 answer
  • Suppose a report on CNN says that there is an impending recession coming in the United States. As a result, Bert's family, as we
    11·1 answer
  • Which of the following types of documents is used to ensure that the project has clear boundaries for what is and is not include
    15·2 answers
  • A small business investment company (sbi is a(n):
    15·1 answer
  • The systematic examination of the relationships among selling prices, volume of sales and production, costs, and profits is term
    5·1 answer
  • If nominal GDP in 2014 is $20,000 billion while real GDP is $16,000 billion, then the GDP deflator in 2014 is
    7·1 answer
  • ____writing uses storytelling to communicate to the reader.
    11·1 answer
  • The phase of the business cycle at which real domestic output is at minimum during a cycle is called:_______
    10·1 answer
  • Jackson is buying a home for $412,000. his interest rate on the loan will be 4.75or 15 years. he will have a down payment of $16
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!