subject
Business, 01.02.2021 21:50 cierramcdonald

On January 1, 2020, Century Inc. purchased from an inventor a patent with a list price of $110,000. Century paid for the patent as follows: cash, $40,000; issuance of 1,000 shares of its own common stock, par $10 (fair value, $20 per share); and a note payable due at the end of three years, face amount, $50,000, noninterest-bearing. The current interest rate for this type of financing is 12% Required Record Century Inc.'s entry for the purchase of the patent.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 16:20, hernandezeileen20
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 3
image
Business, 21.06.2019 20:50, nathand200127
Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases
Answers: 3
image
Business, 22.06.2019 08:40, Damagingawsomeness2
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
image
Business, 22.06.2019 16:00, knownperson233
In macroeconomics, to study the aggregate means to study blank
Answers: 1
You know the right answer?
On January 1, 2020, Century Inc. purchased from an inventor a patent with a list price of $110,000....

Questions in other subjects:

Konu
Mathematics, 13.07.2019 11:00