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Pani-rosa [81]
3 years ago
7

On January 1, 2017, Desert Company purchased a copyright for $2,500,000, having an estimated useful life of 16 years. In January

2021, Desert paid $326,927 for legal fees in a successful defense of the copyright. Copyright amortization expense for the year ended December 31, 2021, should be?
Business
1 answer:
Harlamova29_29 [7]3 years ago
3 0

Answer:

$183,493.91

Explanation:

The computation of the amortization expense is shown below:

but before that following calculations are needed

The Amortization cost per year is

= $2,500,000 ÷ 16 years

= $156,250

Now the legal fees per year

= $326,927 ÷ 12 years

= $27243.92

Now the amortization expense is

= $156,250 + $27243.92

= $183,493.91

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Answer:

Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______

d. none of the above

Explanation:

a) Data and Calculations:

Old inflation rate = 3%

New inflation rate = 1.6%

Old unemployment rate = 4.8%

New unemployment rate = 6.2%

Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625

Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258

Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)

b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.

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3 years ago
Which wholesaler's channel function is demonstrated when a buyer receives quicker delivery because wholesalers are located close
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Answer:

E. transportation

Explanation:

The wholesaler is one of the middle-men in the channel of distribution that stands between the producer and the retailer in bulk breaking, he buys in bulk from the producers and sell to the retailer.

One of the functions of the wholesaler in the distribution value chain is the transportation of goods from manufacturer's warehouse to his warehouse at his own cost, thereby bringing the products closer to the consumers.

 

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Two projects, A and B, are analyzed using ranking present worth analysis with MARR at i%. It is found that PW(A) . PW(B). If MAR
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Answer: The relationship between A and B project cannot be determined with the information given.

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This is not possible to be calculated with the information given.

But an expression of calculating this is;

PW is the present value of A and B projects.

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Therefore;

Correlation = i11% ÷ [PW(A) × PW(B)]

This shows that the relationship cannot be determined with the limited Information supplied.

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Answer:D.both parties to the contract agree on the contract terms

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