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almond37 [142]
3 years ago
13

For Randolph Company, the following information is available: Capitalized leases $560,000 Copyrights 240,000 Long-term receivabl

es 210,000 In Randolph's balance sheet, intangible assets should be reported at:________
A. $800,000.
B. $210,000.
C. $770,000.
D. $240,000.
Business
1 answer:
Mamont248 [21]3 years ago
4 0

Answer: $240,000

Explanation:

An intangible asset is an asset which lacks physical substance. While physical assets include assets like buildings, machinery and financial assets like government securities, the intangible assets are hard to evaluate and they include copyrights, patents, trademarks, franchises, goodwill, and trade names.

From the information provided in the equation, copyrights is $240,000 which is an intangible asset. Therefore, in Randolph's balance sheet, intangible asset should be written as $240,000.

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Based on the inflation rate and the yield to maturity, the real rate of return on the bonds will be 5.23%.

<h3>What is the real rate of return?</h3>

This can be found by the formula:

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Solving gives:

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2 years ago
A(n) ______ is maintained for each financial statement item, whereas a(n) ______ contains all of the accounts of the company.
Svetllana [295]

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