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Sphinxa [80]
3 years ago
9

Given the following account balances at year end, how much are total intangible assets on the balance sheet of Alisha Enterprise

s?
Sales revenue, $45,000,000;
Cash, $1,500,000;
Copyrights, $500,000;
Accounts receivable, $4,000,000;
Land, $15,000,000;
Equipment, $25,000,000;
Trademarks, $1,000,000; and Goodwill, $4,500,000.
The company also paid $2,000,000 for research & development during the current year.
a. $11,500,000
b. $7,500,000
c. $5,500,000
d. $9,500,000
Business
1 answer:
Licemer1 [7]3 years ago
8 0

<u>Answer:</u>$6000000

<u>Explanation:</u>

Given

Trademarks  1,000,000

Goodwill       4,500,000

Copyrights       500,000

Total              6,000,000

Total intangible assets is $6,000,000

Intangible assets are the assets which cannot be touched or seen. In the above example the copyrights, trademarks and goodwill are intangible assets. While sales revenue, cash, land, equipment, accounts receivables are tangible assets. The amount paid for research and development is also tangible assets in the future when they turn into patents, copyrights or trademark they become as intangible assets.

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"A registered representative who has passed the Series 63 examination wishes to sell managed accounts to customers in differing
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B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts .

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5 0
3 years ago
Use the chart to answer the questions. Year Potential GDP Real GDP 2017 $18.17 trillion $18.05 trillion 2018 $18.51 trillion $18
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Answer:

a. Output gap for 2017 = –0.66%

b. Output gap for 2018 = 0.27%

c. From 2017 to 2018, the output gap became more positive.

Explanation:

The following are given in the question:

Year             Potential GDP                Real GDP

2017               $18.17 trillion               $18.05 trillion

2018               $18.51 trillion              $18.56 trillion

To calculate output gap in percentage form, the following formula is used:

Output gap = ((Real GDP -  Potential GDP) / Potential GDP) * 100 ......... (1)

Therefore, we have:

a. Calculate the output gap for 2017. %

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Output gap for 2017 = ((18.05 - 18.17) / 18.17) * 100 = –0.66%

b. Calculate the output gap for 2018. %

Using equation (1), we have:

Output gap for 2018 = ((18.56 - 18.51) / 18.51) * 100 = 0.27%

c. From 2017 to 2018, the output gap became more .

Since the output gap in 2017 is negative while the output gap in 2018 is positive; this implies that from 2017 to 2018, the output gap became more positive.

8 0
3 years ago
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