Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - On January 2, 2020, Paul Company signed an agreement to grant a license over a patented technology to Anthony Inc., for an initial contract fee of P500,000 for 4 years. Of this amount, P100,000 was paid when the agreement was signed and the balance payable in four annual payments beginning on December 31, 2020. Paul signed a non-interest-bearing note for the balance. Paul's rating indicates that he can borrow money at 16% for the loan of this type. Assume that substantial services amounting to P150000 had already been rendered by Paul and that additional indirect cost of P12,000 was also incurred. PV factor is 2.80. The collectability of the note is reasonably assured. On January 31, 2020, the license is transferred to Anthony. The license agreement provides that Anthony Inc. has the right to use the entity's intellectual property as it exists at the point in time at which the license is granted. How much is the total net income to be reported on December 31, 2020?
Purchased 3,000 shares of treasury stock at $20 (part of the 20,000 shares issued at $16). What is total shareholders equity at the end
Problem - Uneven Compensation Playing Field - Discuss the fairness of tax policy that subjects the compensation of certain business executives
Similar firms have a current required rate of return of 9.6%. what is the stock value today if its current dividend is $2.50?
On January 3, 2021 an entity purchased marketable equity securities for 2,000,000. Give the entry to record the acquisition
It allocates $25,000 of these costs to AB1 and $35,000 to XY1. Discuss what products Iwaniuk Corporation should make
Of the following characteristics, which one least applies to bureaucracies?
The partnership is liquidated and Tresmond ultimately receives P45,000 in final liquidation. How much is the total loss on realization
sage learning systems inc. was organized on september 30 2012. projected selling and administrative expenses for each
Larkspur assesses a finance charge of 4% of the amount of accounts receivable. Prepare journal entries for both Blue and Larkspur
Fitchburg Industries' budgeted sales were 400 units at $200. Actual sales were 500 units at $225. Variable cost per unit is $48. What is total revenue variance
Which Gross margin equals the difference between net sales and? A merchandiser will earn an operating income of exactly zero when
The company also reports the following per unit costs for the year-Prepare an income statement under absorption costing:
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd