Business, 03.04.2020 19:12 21raytyrm

Given the following account balances at year end, how much are total intangible assets on the balance sheet of Alisha Enterprises?
Sales revenue, $45,000,000;
Cash, $1,500,000;
Copyrights, $500,000;
Accounts receivable, $4,000,000;
Land, $15,000,000;
Equipment, $25,000,000;
Trademarks, $1,000,000; and Goodwill, $4,500,000.
The company also paid $2,000,000 for research & development during the current year.
a. $11,500,000
b. $7,500,000
c. $5,500,000
d. $9,500,000

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Given the following account balances at year end, how much are total intangible assets on the balanc...