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3 years ago

Question 6 of 10

Business

2 answers:

noname [10]3 years ago

6 0

Answer:

a.) was right for me

Explanation:

kirza4 [7]3 years ago

3 0

Answer:

the answer on mine was D

Explanation:

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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

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4 years ago

If you are busy with another customer when someone comes in, what can you do? select one:

prohojiy [21]

Ab. smile at them and make eye contact while you continue to help the first customer so they know they were recognized and not being ignored.

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4 years ago

During the Great Depression there were a number of federal programs which brought electricity to people in rural areas of the Mi

Ivan

Answer: option A: More competition for jobs in those areas are witnessed when federal programs provided more electricity in rural areas of the Midwest and South.

Explanation:

In the time of the Great Depression, President Roosevelt has passed the Rural Electrification Act (REA) in 1935 as part of the New Deal execution amendment. Through the beneficial act of supplied quantity of electricity units, the rural areas of the Midwest and South got the fine chance to expand the production of goods and services which covered the expenses of the cost of production.

Agriculture is the primary occupation of those areas, the electricity supply helped them to produce more agricultural products and also it supported Agro-based industries. The installation process are initiated and all farmers got loan advances by the cooperative societies.

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3 years ago

Select the examples that best demonstrate likely tasks for Revenue and Taxation workers. Check all that apply.

ArbitrLikvidat [17]

Awnser: A, B, and E.

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3 years ago

Lizzie Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Co

hoa [83]

Answer:

the ending inventory using the FIFO cost flow assumption is $282,900

Explanation:

The computation of the ending inventory using the FIFO cost flow assumption is shown below;

But before that first we have to determine the ending inventory units i.e.

= 280 + 380 + 480 + 290 - 1,200

= 230 units

So, the ending inventory is

= 230 units × $1,230

= $282,900

Hence, the ending inventory using the FIFO cost flow assumption is $282,900

8 0

3 years ago