Answer:
The answer is "
"
Explanation:
Using the High - Low method:



Answer:
6.50%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $978.94
Face value = $1,000
PMT = 1,000 × 6% ÷ 2 = $30
NPER = 5 years × 2 = 10 years
The formula is shown below:
= Rate(NPER,PMT,-PV,FV,type)
The present value come in negative
So, after solving this, the answer would be 6.50%
Answer:
$1,389
Explanation:
Tangible assets are depreciated, not amortized. Only the $25,000 goodwill will be amortized.
A §197 intangible asset can be amortized over a 15 year period that starts on the month that the intangible asset was acquired. In this case, the amortization expense will include March, so we need to calculate amortization for 10/12 of a year.
The amortization per year = $25,000 / 15 years = $1,667
amortization for year one = amortization per year x number of months = $1,667 x 10/12 = $1,389
Detereation of muscle tissue causing weakness in the limb