subject
Business, 10.03.2020 17:35 mystury

Pharoah Corporation acquired a patent on May 1, 2017. Pharoah paid cash of $94000 to the seller. Legal fees of $2700 were paid related to the acquisition. What amount should be debited to the patent account

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:00
Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.
Answers: 1
question
Business, 22.06.2019 01:30
How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices
Answers: 3
question
Business, 22.06.2019 02:00
What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win
Answers: 3
question
Business, 22.06.2019 20:00
Edna gomez is the founder of the restaurant chain good and green. she ensures that the products in her stores are ethically and responsibly sourced. most products are therefore 100 percent organic and all packaging is manufactured from recycled material. also, her company sources ingredients from farms within 100 miles from her locations. edna's belief is that her restaurants should be able to support the community at large. which of the following terms best describes edna gomez? a. headhunter b. category captain c. social entrepreneur d. trade creditor
Answers: 3
You know the right answer?
Pharoah Corporation acquired a patent on May 1, 2017. Pharoah paid cash of $94000 to the seller. Leg...
Questions
question
History, 06.11.2020 23:50
question
Mathematics, 06.11.2020 23:50
question
Business, 06.11.2020 23:50
question
Mathematics, 06.11.2020 23:50
Questions on the website: 13722367