1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marrrta [24]
3 years ago
6

Calculate amortization expense

Business
1 answer:
pogonyaev3 years ago
6 0

Answer: $800,000

Explanation:

The total amount of amortization expense that would appear in Burger Mania's income statement for the first year ended December 31 related to these items will be:

Ammortization value = Patent value / Useful life

= $4,000,000 / 5

= $800,000

Therefore, the ammortization value is $800,000 per year.

You might be interested in
Byron Corporation forecasts that its income will be $21,000 next year. The firm pays out 30 percent of earnings as dividends to
noname [10]

Answer:

RE break point = $24500

Explanation:

21,000 net income

30% OF Earnings as dividends

21,000 x 30% = 6,300 dividends

Retained Earnings (assuming no previous beginning value)

21,000 - 6,300 = 14,700

RE break point = 14,700/0.6 = 24500

What does the $24,500 mean?

This mean that the company can raise financing for this ammount without changing their capital structure (60% equity 40% debt)

If the company wants to finance for more, it will need to raise new shares or chance their capital structure, and therefore the WACC will change

8 0
2 years ago
Which employees may be at risk of losing their jobs when the political party in power changes? Check all that apply.
Debora [2.8K]
Elected governance officials and appointed governance officials
8 0
3 years ago
Consider the relative liquidity of the following assets:Assets1. A $5 bill2. The funds in a savings account3. A boat you own4. A
Irina-Kira [14]

Answer:

Boat is an asset.

Most liquid = $5 bill

Second most = Fund in saving account

Third most = Bond

least liquid = Boat

Liquidity means easily convertible into cash. $5 bill is the most liquid while asset cannot be easily and readily convertible into cash.

Explanation:

8 0
3 years ago
​Sustainable businesses tend to be run by CEOs who are:
Marianna [84]
The answer is Target-driven<span>
</span>
8 0
3 years ago
Which is a natural property of nicotine?
Romashka-Z-Leto [24]
Nicotine has a stimulant effect and therefore is addictive. The addictive effect is noticable in people who still smoke cigarettes even though they are aware of the very real dangers of lung cancer induced by lengthy cigarette smoking.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Balance sheet and income statement data indicate the following: Bonds payable, 10% $1,000,000 Preferred 5% stock, $100 par (no c
    10·1 answer
  • Discuss at least two (2) areas in which these deregulation policies impacted the u.s. economy overall and may have had roles in
    5·1 answer
  • The federal government uses the revenue from the fica (federal insurance contribution act) tax to pay for
    5·1 answer
  • Which activity best demonstrates the trait of responsibility?
    13·1 answer
  • An agreement two parties enter into before marriage that clearly states the ownership rights each party enjoys in the other part
    12·2 answers
  • Jimmy knows that to pass the fitness test he needs to be able to run 5 kilometers in 35 minutes. His pace monitor measures in mi
    9·2 answers
  • if there was a shirt that looks identical but came out in two different seasons how do you explain the price difference to the c
    5·1 answer
  • What is a work bench​
    9·2 answers
  • The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p
    10·1 answer
  • Washington Farms makes apple dumplings and apple pies using the same
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!