Answer:
The company will amortize the cost over 6 years.
Explanation:
Intangible assets which have a useful life that is either indefinite or identifiable.
The assets having identifiable useful lives, are amortized on the basis or method of straight-line over the legal or the economic life, which ever is short.
The assets having indefinite useful lives are assessed every year for the impairment. And the impairment losses need to evaluated by deducting the market value of the asset from the carrying value.
So, in this case, the asset has legal life of 8 years and on contract is 6 years, the company will amortize the asset over the 6 years as the intangible asset have identifiable useful lives, therefore, need to amortized over legal or economic life, which ever is shorter.
Hence, legal is 8 years and economic life is 6 years, so the short is 6 years.
The direct mail is the marketing channel that has the most expensive CPM.
What is the CPM?
The CPM is the acronym of the term Cost per thousand. This is used in marketing to show the cost of 1000 advertisements on a web page.
The advertisers that use this have to pay each time that their adverts come up. Publishers earn income anytime such ads come up on their page.
Read more on cpm here:
brainly.com/question/24860817
I believe that it is b the cartel
Answer:
The dream car will cost $70,875 in 6 years time
Explanation:
Here, we are interested in calculating the amount a car will cost if we know the annual appreciation rate of the cost and we decide to wait for some years to purchase the car in question.
To calculate the cost at that time, let’s we shall be using a modification of the compound interest formula.
The cost at that time will be;
C = I(1 + r)^t
Where C is the cost after six years which is unknown
I is the present cost which is $62,200
r is the appreciation percentage = 2.2% = 2.2/100 = 0.022
t is the time which is 6 years
Substituting these values in the modified equation, we have;
C = 62,200(1 + 0.022)^6
C = 62,200(1.022)^6
C = $70,875.44
To the nearest whole amount, it should be $70,875
Answer:
$462,562
Explanation:
Lower of Cost and Net Realizable Value (LCNRV) records ending inventory at the lowest between purchase costs or net realizable value.
Part Q Cost per Unit Net RV Total
110 620 <u>$121.00</u> $127.00 $75,020
111 1,080 $76.20 <u>$66.00</u> $71,280
112 540 $101.60 <u>$97.00</u> $52,380
113 220 <u>$215.90</u> $228.60 $47,498
120 440 <u>$260.00</u> $264.00 $114,400
121 1,400 $20.00 <u>$1.00</u> $1,400
122 330 $304.80 <u>$298.00</u> $100,584
Total $462,562