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.
B: Complicated I think that it this one I may be wrong -if I am sorry
Calculation of rate of return on the investment:
It is given that the uncle invested $118,000 in an investment 6 years ago. The investment is worth now $237,500. It means the interest earned on the investment is (237500-118000) =$119,500
The interest rate can be calculated as follows:
Interest rate = Interest Earned / (Amount invested * Years)
= 119500 / (118000*6)
=119500 / 708000
=0.1688
=16.88%
Hence the annual interest rate (rate of return) on the investment during this period must be <u>16.88% </u>per year.
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Answer:
Check the following explanations
Explanation:
The Federal Reserve is responsible for making monitory policies in the US. When the interest rates are increased by the Fed Reserve it lead's to cascading effects in the economy as a whole, it lead to :-
- Increased cost of borrowings, which reduces investments.
- Higher mortagage interest payments, leading to reduced usage, fall in the house prices.
- Increased Returns on Savings, leading to less expenditure and high saving behaviour of the people.
- Currency Appreciation, due to increased demand of local currency at the international market.
- Higher Government Debt Intererst Payments.