All categories

2 years ago

An intangible asset

Business

1 answer:

Alexxx [7]2 years ago

3 0

Answer:

The correct answer is letter "C": does not have physical substance, yet often is very valuable.

Explanation:

Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.

You might be interested in

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $

inessss [21]

Answer:

Residual income is therefore $732,000.

Explanation:

This can be computed by following the following steps:

Step 1: Calculation of ending net book value

Particulars $'000

Beginning investment 6,900

add: Additional investment 8,100

Less: Depreciation - Other (2,850)

Ending net book value 12,150

Step 2: Calculation of Minimum required return

Minimum required return = Ending net book value * Required return rate = $12,150,000 * 12% = $1,458,000

Step 3: Calculation of profit (loss) on disposal

First year depreciation on investment = (Investment cost - Salvage value) / Useful life = ($6,600,000 - $660,000) / 3 = $1,980,000

Profit (loss) on disposal = Salvage value - Investment cost - First year depreciation on investment = $660,000 - $6,600,000 - $1,980,000 = $3,960,000 loss

Step 4: Calculation of residual income

Particulars $'000

Given operating profit of the division 6,150

Less: Loss on disposal (3,960)

Revised operating income 2,190

less: Minimum required return (1,458)

Residual income 732

Residual income is therefore $732,000.

7 0

3 years ago

Under which law can a hotel guest sue for an injury that happened at the hotel’s spa?

Lesechka [4]

Answer:

C.) Premises Liability Act

Explanation:

This is because it happened on their property/premise. The Act states this to be true.

7 0

3 years ago

Procter & Gamble plans to raise its number of global customers to 5 billion. Two countries integral to P&G’s success is

ch4aika [34]

Answer: C. P&G faces a stiff rivalry with Hindustan Unilever in India, which is the market leader in consumer goods.

5 0

2 years ago

A paper manufacturer is forced to make staff cutbacks because of declining profits. It decides to cut back each employee's hours

Marta_Voda [28]

Answer:

Utilitarian

Explanation:

Utilitarianism is a morality theory that advocated the actions in order to foster the happiness and the actions that result harm or unhappiness could be opposed. It is an action that could be right so this would create a happiness for the larger no of people as a group or society as a whole

So as per the given situation, it is a utilitarian theory

5 0

3 years ago

Stock R has a beta of 1.3, Stock S has a beta of 0.65, the expected rate of return on an average stock is 10%, and the risk-free

ZanzabumX [31]

Stock R

AS per CAPM

expected return = risk free

Rate+ beta *(expected return on market - risk free rate )

expected return % =6+1.3*

(13-6)

Expected return % =15.1

Stock S

expected return = risk free

Rate+ beta *(expected return on market - risk free rate )

expected return % = 6+0.65*

(13-6)

expected return %=10.55

Difference =15.1-10.55

Difference =4.55%

Learn more about expected return here

brainly.com/question/25821437

#SPJ4

3 0

1 year ago