The creative chief executive of a corporation

Assignment Help Business Management

Reference no: EM13831261

The creative chief executive of a corporation who is personally responsible for numerous inventions and innovations is not reported as an asset on the corporation's balance sheet. The accounting principle/guideline that prevents the corporation for reporting this person as an asset

Reference no: EM13831261

Questions Cloud

Acceptable because of which principle/guideline : A company purchases a $12250 digital watch and expenses it immediately instead of recording it as an asset and depreciating it over its useful life. This practice may be acceptable because of which principle/guideline?

Means-tested college aid-base college aid primarily : Means-tested college aid, base college aid primarily on

Explain how this relates to the federal funds rate : If a bank has deposits totaling $200,000, and their reserve requirement is 10%, what is the total on their required reserves? If that bank had total reserves equaling $50,000, what are their excess reserves? What will banks likely do with their exces..

The result of which accounting principle/guideline : A company borrowed $100,000 in December and will make its only payment for interest when the note comes due six months later. The total interest for the six months will be $3,600. On the December income statement the accountant reported Interest Expe..

The creative chief executive of a corporation : The creative chief executive of a corporation who is personally responsible for numerous inventions and innovations is not reported as an asset on the corporation's balance sheet. The accounting principle/guideline that prevents the corporation for r..

Calculate the CR and AW values for the system : A piece of research equipment is expected to require an investment of $18,000, with $6,000 committed now and next year $7000 while the remaining $6K will be pay out at the end of year 2. Annual operating costs for the system are expected to start in ..

Evaluate bpp as a company using financial ratio analysis : Evaluate BPP as a company using financial ratio analysis

The economy is in long-run equilibrium : Initially, the economy is in long-run equilibrium. The aggregate demand curve then shifts $80 billion to the left. The government wants to change spending to offset this decrease in demand. The MPC is 0.75.

What is the after tax cash flow from sale : Barney Brothers purchased some new equipment 2 years ago for $284,677. Today, it is selling this equipment for $55,300. What is the aftertax cash flow from this sale if the tax rate is 16 percent? The MACRS allowance percentages are as follows, comme..

User Account

All Pages