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IRISSAK [1]
3 years ago
13

Jorge purchased a copyright for use in his business in the current year. The purchase occurred on July 15th and the purchase pri

ce was $75,000. If the copyright has a remaining life of 75 months, what is the total amortization amount Jorge may deduct during the current year?
Business
1 answer:
jolli1 [7]3 years ago
7 0

Answer:

$6,000

Explanation:

Purchase price = $75,000

Remaining life = 75 months

The amortization amount for each month (Am) is given by  the total purchase price divided by the remaining life of the copyright.

A_m=\frac{\$75,000}{75}=\$1,000\ per\ month\\

Since the purchase was made in July, there are 6 months left in the current year. Therefore, Jorge's total amortization amount during the current year is:

A=6*\$1,000 = \$6,000

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mihalych1998 [28]

Answer:

capital loss = ($195)

Explanation:

Maria's total investment = (100 x $30) + $50 = $3,050

Maria's return from selling the stocks = (100 x $29) - $45 = $2,855

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The revenue generated by the dividends is taxed as ordinary income (at a higher rate) and must be considered ordinary gains, not capital gains.

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3 years ago
Weightman Corporation's net operating income in Year 2 was $76,385, net income before taxes was $55,385, and the net income was
muminat

Answer:

11.00

Explanation:

Earnings \: per \: share = \frac{net \: income}{shares}

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3 years ago
A "Buy American" provision in the 2009 stimulus bill would ________ consumer surplus and ________ producer surplus for industrie
Neko [114]

Answer:

The correct answer is decrease; increase.

Explanation:

The "Buy American" law was passed in 1933 and established that the US federal government. UU. You must prioritize the purchase of products manufactured in the country. Under certain circumstances, however, the "Buy American" law may not apply when:

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The "Buy American" law may also not apply if the president of the United States or a delegated authority said it on the grounds of reciprocal agreements with other countries defined in the Law on Trade Agreements, the North American Free Trade Agreement (NAFTA) and the World Trade Organization.

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When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.
VARVARA [1.3K]

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Orientation is the process through which information and guidelines of organization or form is provided to newly hired employees.They are introduced to culture of organization, dress-code, work-place, payment, incentives,benefits, colleagues and other employees, duties etc.

According to the question,Keisha is going through orientation process so that she can get associated with her job and work space accordingly as a new employee.

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3 years ago
Tiffany purchased a $10,000, 13-week Treasury bill that is paying 2.25%. What is the effective rate on this T-bill?
Licemer1 [7]
 the answer i got is 2.70
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3 years ago
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