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Elis [28]
3 years ago
15

Park, Inc. acquired 100% of Gravel Co.'s net assets. On the acquisition date, Gravel's accounting records reflected $50,000 of c

osts associated with in-process research and development activities. The fair value of the in-process research and development activities was $400,000. Park's consolidated intangible assets will increase by what amount, if any, as a result of the acquisition of the in-process research and development activities?
Business
1 answer:
Akimi4 [234]3 years ago
5 0

Answer:

The  $400,000 should be a result of the acquisition of the in-process research and development activities

Explanation:

Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature

The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.  

The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.

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Suppose that the real exchange rate between the United States and Brazil is defined in terms of baskets of goods. Other things t
tia_tia [17]

Answer: an increase in the quantity of Brazilian currency that can be purchased with a dollar.

Explanation: An increase in the price of the Brazilian currency in relation to the dollar will increase the real exchange rate. This is because the exchange rate tells the amount of Brazilian baskets a US basket can buy.

The best option to relate the exchange rate with is an increase in the purchasing power of the dollar.

5 0
3 years ago
In personal selling, the relationship must continue for a long time, as the salesperson responds to new requests for information
Ierofanga [76]

Answer:

Presentation

Explanation:

There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.

Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.

4 0
3 years ago
When economists refer to "demand," they are speaking of: how much everyone wants of all products bought and sold in the nation.
Pie

When economists refer to "demand," they are speaking of<u> a schedule of amounts of a product that buyers would purchase at alternative prices in a given time period.</u>

3 0
3 years ago
Suppose you want to borrow money from banks. You are considering
liubo4ka [24]

The loan I would select is loan A. This is because it has a lower effective annual rate.

<h3>Which loan would I select?</h3>

The loan I would select would be the cheaper one.  In order to determine the cheaper loan, I would calculate the effective annual rate. The effective annual rate is the actual interest rate that is paid on a loan.

Effective annual rate = (1 + APR / m ) ^m - 1

Where: M = number of compounding

Loan A = ( 1 + 0.0775/365)^365 - 1 = 8.06%

Loan B = (1 + 0.08/2)^2 - 1 = 8.16%

To learn more about the effective annual rate, please check: brainly.com/question/4064975

#SPJ1

8 0
2 years ago
Resources needed to provide goods or services are called
Mekhanik [1.2K]

Answer:

Factors of production

Explanation:

because the goods/services need to be produced

I hope this answered your question! Have a nice day! ^ ^

3 0
2 years ago
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