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3 years ago

10

An intangible asset

1 answer:

Alexxx [7]3 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.

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The trial balance of ABC Co. does not balance. АВС CO. TRIAL BALANCE JUNE 30, 2019 Debit Credit Cash 0 5740 Accounts Receivable

Vika [28.1K]

Answer:

ill do it of you make it more readable

Explanation:

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3 years ago

______________ are enacted when discontented sellers, feeling that prices are too low,appeal to legislators to keep prices from

TEA [102]

Answer: Price Ceilings

Price Ceilings are usually controlled by the Government and their main use is to keep prices up. Sometimes a customer will switch to other goods and that person that wants there item bought the price will get lower to attract more customers. In this case, they want to keep the prices from falling - therefore, it would be Price Ceilings.

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3 years ago

The amount of interest you will earn in one year from a savings account is the _____.

Vitek1552 [10]

The Y in APY means yearly, the answer is APY

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3 years ago

3. The Johnson Company will pay an annual dividend of $2.05 next year. The company has increased its dividend by 3.5% a year for

vlada-n [284]

Answer:

A share of this stock be worth$ 21.88 four years from now

Explanation:

Amount of annual dividend that will be paid the next year = $ 2.05

increase in dividend by 3.5% = $\frac{100+3.5}{100}$ = increase by a factor of 1.035

Since there is a 14% return, overall increase in dividend = $\frac{1.035}{0.14 - 0.035}$ = 9.857

<em>Note:</em>

<em>0.035 was obtained from </em> $\frac{3.5}{100}$ <em>= 0.035 (dividend increase)</em>

<em>0.14 was obtained from </em> $\frac{1.4}{100}$ <em> = 0.14 (percentage return required)</em>

over the next 20 years his new value of dividend will be

New value of dividend = $2.05 + 9.857 = 11.907

Converting to a percentage,

$\frac{100+11.907}{100}$ = 1.1907

Net dividend increase =

Dividend returns minus increase in dividend for 20 years is given as

14% - 3.5% = 10.5%

From the above, the

Worth of a share of his stock 4 years from now can be computed by

(dividend X Percentage increase in 20 years)/ net percent dividend increase + (increase in 4 years/ net dividend increase) X 100

$\frac{(2.05 (1.1907)) }{10.5}$ + $\frac{(2.2729)}{10.5}$ × 100 =$21.88

∴ A share of this stock be worth$ 21.88 four years from now

4 0

3 years ago

Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.6

storchak [24]

Answer:

b. 18,602 units.

Explanation:

First, we need to use last year's information to determine last year's fixed costs.

Price (P1) = $7.68

Variable costs (VC1) = $2.25

Units sold to break-even (n1) = 21,800

At the break-even point, net income is zero and the fixed cost can be found by:

$N=0 = n_1*(P_1-VC_1) -FC_1\\0=21,800*(\$7.68-\$2.25) - FC_1\\FC = \$118,374$

With information from last, information for the current year can be determined:

Price (P2) = $10.00

Variable costs (VC2) = $2.25 x 1.3333 = $3.00

Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4

The number of units required to break even is:

$N=0 = n_2*(P_2-VC_2) -FC_2\\0=n_2*(\$10-\$3) - \$130,211.4\\n_2 = 18,601.63\ units$

Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.

7 0

3 years ago