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On January 4, 2016, Franc Company purchased for $33,000 a patent that had been filed 8 years earlier. The patent covers a manufacturing process that the company plans to use for 15 years. On January 3, 2017, the company paid its lawyers $8,800 for successfully defending the patent in a lawsuit.
What are the Journal entries associated with the patent in 2016 and 2017?
In 2013 carnival cruise lines decided to sell some bonds. they sold the bonds for $1000 (face value) with a 20 year maturity and 8% coupon.
What is the expected return on the second stock in percentage? terms?
A prospective MBA student earns $45,000 per year in her current job and expects that amount to increase by 8% per year. She is considering leaving her job to attend business school for two years at a cost of $30,000 per year. What is the net present ..
Are there mutual funds that ‘cater to’/emphasize dividend paying stocks?
By how much would the Mexican peso have to depreciate to cause such a strategy to backfire?
If your marginal tax rate is 15%, which is the better investment? At what tax rate are you indifferent between the two bonds?
What is the company's pretax cost of debt? If the tax rate is 36 percent, what is the aftertax cost of debt?
Caleb Brewster did an excellent job saving for retirement. He was able to save $1,000,000 in an account that pays 12 percent per year. His plan was to eventually withdraw all his money by paying himself in equal installments every month during his 20..
Determine whether the actions described comply with the bankruptcy code,
A project has the following cash flows for years 0 through 2, respectively: -13,568, 9,415, 9,983. What is the internal rate of return on this project?
Describe your rationale for investing or not investing in bonds.- If you decide to invest in bonds, what strategy will you use?
Operating capital can be defined as. Which will result in the highest effective interest rate being charged on a loan?
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