Answer:
The appropiate Journal Entry would be the following:
Amortization Expense Dr. $5.25 million
Patent Cr. $5.25 million
Explanation:
According to the given data, we have the following:
Original Cost of patent = $18.90 million
Hence, Annual Amortization (Old) = 18.90/9 = $2.1 million
Amortization till Date (2017 - 2021) = 2.1*4 = $8.4 million
Hence, Unamortized Value = 18.90 - 8.4 =$ 10.5 million
Also, Remaining Life = 6 - 4 = 2 Years
Therefore, The New Amortization = Unamortized Value/Remaining Life = 10.5/2 = $5.25 million
The appropiate Journal Entry would be the following:
Amortization Expense Dr. $5.25 million
Patent Cr. $5.25 million
Answer:
4.267 times
Explanation:
The computation of market to book ratio is shown below:
Market to book ratio = (Market price per share) ÷ (book value per share)
where,
Book value per share would be
= (Total common equity) ÷ (number of shares)
= ($6 billion) ÷ (800 million shares)
= $7.5 per share
So, the ratio would be
= $32 ÷ $7.5
= 4.267 times
Answer:
b. False
Explanation:
A convertible debenture can sell for more than its conversion value or less than its bond value.
Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.
Hope this helps
Answer:
b) inseparability
Explanation:
Inseparability: It refers to that thing that is not separate from each other. It is a combined service. Just like if a product is sold to a customer so along with it the repairing and warranty expenses are free of cost.
In the given example. the players and the gamer are treated as one which means that they are not inseparable.
So, all other options are incorrect except b. option