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3 years ago

Larkspur Industries acquired two copyrights during 2020.

Business

1 answer:

denpristay [2]3 years ago

3 0

Answer:

1st copyright will not be reported on balance sheet.

2nd copyright will be reported on balance sheet.

Dr Copyright (Intangible Asset) $34,000

Cr Cash $34,000

Explanation:

1st Copyright

If an intangible asset is internally generated, none of its costs are capitalized.

2nd Copyright

Acquired copyright is reported on balance sheet as an intangible asset. Company may include only outright purchase costs in the acquisition cost of an intangible asset; the acquisition cost does not include cost of internal development.

Only recognized intangible assets with finite useful lives are amortized. Recognized intangible assets having indefinite useful lives are not amortized.

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All currencies are worth exactly the same. Question 45 options: True False

ycow [4]

Answer:

False!

Explanation:

that's why they are different sizes, material, and weight!

Some american dollars are worth alot more than a dollar in say, mexico. Our resources are more valuable.

Glad I could help!

6 0

3 years ago

Read 2 more answers

Suppose the current issue of The New York Times reports an outbreak of mad cow disease in Nebraska, as well as the discovery of

Svetach [21]

Answer:

Price and quantity of chickens sold will increase.

Explanation:

Due to the prevalence of the mad cow disease, demand for cow meat will go down. Since chicken is a substitute for cow meat and there is a breed that grows twice as much with the same feeds, the demand for chicken will rise.

In economics when other factors apart from price changes it results in demand shift. In this instance demand will shift to the right.

As illustrated in the attached diagram, there will be higher quantity demanded at higher prices than before.

4 0

3 years ago

The following table contains statements that provide some analysis of policies that address smoking, lung cancer, and cigarette

liubo4ka [24]

Answer:

Positive Statements: 1st & 2nd ; Normative Statements: 3rd & 4th

Explanation:

Positive Economics is objective & facts based actual economic issue description , explaining verifiable phenomenas (causal relationships).

Normative Economics is subjective & opinion based conclusive solutions to economic issues, including 'ought to be' unverifiable suggestions.

1. Lung cancer kills millions of people each year: reflects actual objective verifiable fact about an economic (health) issue.

2. Too many people smoke: denotes another actual objective variable fact connected to (potential cause of) the above economic (health) issue.

So , these two are Positive Statements.

3. If the government were to increase taxes on cigarettes, fewer people would smoke : Is subjective opinion based probable solution to the above economic (health) issue.

4. The government should increase taxes on cigarettes : Is an 'ought to' suggestion for an economic participant (govt) to solve the above economic (health) issue.

So , these two are Normative Statements

5 0

3 years ago

The operating and maintenance expenses for a mining machine are expected to be $11,880 in the first year and increase by $864 pe

nalin [4]

Answer:

The answer is " $\$16,441$ ".

Explanation:

First-year operational and maintenance costs $= \$11,880$ .

Operating and repair costs increase inwards $=\$864$ for the first year

N =15 years machine life

Interest $I = 10\%$ annually combined

Please find the image file.

Its single payment sequence is now provided by:

$Amount=(\text{15-year system quantity})\times (\frac{\text{Rate of interest}}{(1-(1+ \text{Rate of interest})- n))}$

$= \$522,371.3236 \times (\frac{0.1}{(1-(1+0.1)-15)})\\\\$

Uniform payment sequence $=\$16441.2477 \approx\$16,441$

5 0

3 years ago

In the context of planning a training program, even though it is time-consuming, putting together a _____ is worthwhile because

tekilochka [14]

Answer:

Request for proposal

Explanation:

The correct answer is a request for proposal. A request for proposal (RFP) is a business document that announces and gives detailed explanations about a project, it also helps an organization solicitation of bids from contractors who will help in the completion of the project. organization clarify training objectives, compare vendors, and measure results.

6 0

2 years ago