Which of the following statements is true?

On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of

skelet666 [1.2K]

The amount should Fafnir report as intangible asset - franchise is -

Purchase value of Franchise = $ 50,000

Life of Franchise = 10 years

Salvage value = $ 0 ( not given)

Since, no other methods of amortization are specifically mentioned, straight line method will be used.

Book value of Franchise = Purchase price - Amortization expenses

Book value of Franchise = $ 50,000 - [ ( $ 50,000 - $ 0) / 10 Years ]

Straight-line depreciation = ( Purchase price - Salvage value) / Number of years

Book value of Franchise = $ 50,000 - $ 5,000 = $ 45,000

The amount should Fafnir report as intangible asset - franchise is = $ 45,000

7 0

4 years ago

Global information systems pose challenges because cultural, political, and language diversity magnifies differences in organiza

svp [43]

Answer:

the correct answer is:

Typically, international systems have evolved without a conscious plan. The remedy is to define a small subset of core business processes and focus on building systems to support these processes. Tactically, managers will have to co-opt widely dispersed foreign units to participate in the development and operation of these systems, being careful to maintain overall control.

Explanation:

Companies when crossing national borders also increase the need for information. International organizations that have a centralized management must be aware of what is happening in the world.

Information Systems Directors will be required to have greater involvement in the evolution and operation of technical tasks. Their participation in the company's strategy will increase and they will have to deal with this process, since they will participate in the changes or advances of the business areas. In addition, they will have to face numerous challenges in the coming years, specifically the optimization of ICT processes and the promotion of the use of best practices (ITIL, CMMI ...), the control and application of new collaborative tools, as well as the Infrastructure rationalization. In short, they will lead the leadership in innovation and value creation of the aforementioned new technologies.

8 0

3 years ago

Which of the following explains why a recipe is considered an algorithm?

Len [333]

Answer:

the dish created by a recipe is the same each time it is followed properly

Explanation:

6 0

3 years ago

Debra's manager publicly reprimanded her in the department meeting. during the manager's 10 minute rant, debra sat quietly. afte

muminat

Answer: C) a tend-and-befriend strategy.

Explanation:

The Tend and Befriend strategy is a relatively new theory that tries to explain another way humans respond to stress.

Recent studies have shown that women are the main proponents of this theory because while men would rather prefer a 'Fight or Flight' approach, women can reduce stress faster when going by this theory as they are more likely to nurture and tend to their offspring as well as rely on their close ones as a support system who they can lean on in hard times.

Debra was stressed by her job and went to talk to her friend about it. It could be said therefore that Debra's friend is her support system. Also notice how Debra is now laughing which shows a reduction in stress has talen place thereby confirm this theory.

8 0

3 years ago

Mary jo spends $2,180 to buy stock in two companies. she pays $23 a share to one of the companies and $20 a share to the other.

Dahasolnce [82]

20was 40times. 23was 60times

5 0

4 years ago