Answer:
$135000
Explanation:
Cole should record the patent at $135000. The intangible asset is recorded at the price at which it was purchased. Net carrying value of $160000 in the books of seller is not useful.
At the time of purchase of intangible asset, the fair value of stone stock exchanged was $45.
So the patent cost is =
3000 shares × $45 per share = $135000.
Cole should record the patent at this value.
Answer:
value of your total investment income 362.80
Explanation:
The computation of the value of your total investment income in two years is shown below
Value of Dividend after 2 years (200 × .20 × 1.07)42.80
Value of Liquidating Dividend (200 × 1.60) 320.00
value of your total investment income 362.80
Answer:
$6,651
Explanation:
Calculation for How much would be assigned to the large customer as ordering costs
First step is to calculate the Total ordering filling cost
Total ordering filling cost = $886,600 per year / 400 orders
Total ordering filling cost = $2,217 per order
Last step is to calculate the Order filling cost allocated to the large customer
Order filling cost allocated to the large customer = $2,217 x 3 order per year
Order filling cost allocated to the large customer= $6,651
Therefore the amount that would be assigned to the large customer as ordering costs will be $6,651
Answer:
A single or double solid white line dividing traffic lanes going in the same direction can't be crossed for any reason. A single solid white line is generally used to indicate the right- most boundary of the drivable roadway on highways.
Explanation:
hope this helps you :)
Answer: bilateral contract
Explanation: In simple words, bilateral contract refers to an agreement under which two individual parties agree to satisfy the obligations of performing a specific activity.
In the given case, Peter promises to paint the store of Mary and Mary promises to pay him $3000.
Hence from the above we can conclude that the given case illustrates bilateral contract.