MicroSystems Inc. acquired a patent for $180,000. MicroSystems amortizes the patent on a straight-line basis over its remaining economic life of 12 years. Required: Prepare the journal entry to record the amortization expense related to the patent. Dec. 31 Amortization Expense Patent 180,000 (Record amortization of patent) Feedback Patents are amortized over the shorter of eithe
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Business, 22.06.2019 09:40, nessross1018
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
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Business, 22.06.2019 17:10, alexwlodko
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
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MicroSystems Inc. acquired a patent for $180,000. MicroSystems amortizes the patent on a straight-li...
History, 13.04.2021 21:40
Mathematics, 13.04.2021 21:40