Using the acquisition method, a company acquires all of the shares of stock of another company. in-process research and development is present and estimated to have a $300,000 fair value. how would you account for these costs?
a) always expense these costs at the acquisition date
b) expense these costs unless such costs represent assets with alternative future use
c) recognize these costs as an intangible asset and amortize the cost over a reasonable life
d) recognize these costs as an intangible asset and test for impairment
e) these costs have no impact on the purchase.

The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?