What is an intangible asset

Assignment Help Finance Basics
Reference no: EM131819953

Question: 1. What is an intangible asset? Provide some examples.

2. What is the process by which businesses spread the allocation of an intangible asset's cost over its useful life?

3. What is goodwill? Is goodwill amortized? What happens if the value of goodwill has decreased at the end of the year?

4. What does the asset turnover ratio measure, and how is it calculated?

5. What does it mean if an exchange of plant assets has commercial substance? Are gains and losses recorded on the books because of the exchange?

Reference no: EM131819953

Questions Cloud

Settlement of prior years litigation against the company : Sale of a significant portion of the company's assets
What are the investment payback period : What are the investment's payback period, IRR, and NPV, assuming the firm's WACC is 10%
Future value-annuity versus annuity due : FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE-What's the future value of a 5%, 5 -year ordinary annuity that pays $800 each year?
Calculate the total cost for the ninety day promissory note : James want to buy flat screen television for his new apartment. Calculate the total cost (principal plus interest) for the 90-day promissory note from the bank?
What is an intangible asset : What does it mean if an exchange of plant assets has commercial substance? Are gains and losses recorded on the books because of the exchange?
Reproductive biology of the aquatic salamander amphiuma : In the article "Reproductive Biology of the Aquatic Salamander Amphiuma tridactylum in Louisiana" (Journal of Herpetology [1999]: 100-105)
Record the journal entry for purchase of the land : Determining the cost of an asset Alton Clothing purchased land, paying $88,000 cash plus a $250,000 note payable.
What are the tax savings from making the election : Using property she inherited, Myrna makes a gift of $6.2 million to her adult daughter, Doris. What are the tax savings from making the election
Combines the risk-free asset and the market portfolio : A portfolio that combines the risk-free asset and the market portfolio has an expected return of 6.8 percent and a standard deviation of 9.8 percent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Difference between fund flow analysis and cash flow analysis

In financial management, what is the difference between fund flow analysis and cash flow analysis.

  1 compute risk and return measures for barnes and noble

1. compute risk and return measures for barnes and noble standard deviation beta against sampp 500 and2. estimation and

  Dollar amount of income

London purchased a piece of real estate last year for $81,200. The real estate is now worth $104,100. If London needs to have a total return of 0.24 during the year, then what is the dollar amount of income that she needed to have to reach her o..

  Shareholder model of corporate governance

Explain the major differences between the shareholder model of corporate governance and the stakeholder model of corporate governance?

  What is the total payment to the hospital

What is the operating payment to be paid to the hospital and what is the capital payment - What is the total payment to the hospital?

  End-of-the-year tuition

Otto is planning for his son's college education to begin ten years from today. He estimates that the end-of-the-year tuition, books, and living expenses to be $10,000 per year for a four-year-degree. How much must Otto deposit today, at an inte..

  How the current processes used by rating agencies

From the first e-Activity, discuss how the current processes used by rating agencies could be improved. Provide specific examples to support your response.

  Discuss straight-line method for depreciation expense

Early in the fiscal year, The Beanery purchases a delivery vehicle for $40,000. At the end of the year, the machine has a fair value of $33,000.

  Determine the effective rate on bank loan

Bosworth Petroleum requires $500,000 to take a cash discount of 2/10 net 70. A banker will land money for sixty days at an interest cost of $8,100.

  Determine the cost of old black creamy

Dublin's BlarneyStone Pub opened on 1 April and the following six transactions occurred in its first week of business.

  Determine the firms cost of equity

Discuss why there is a change in WACC and explain the impact of the components of capital structure on a company's cost of capital.

  What is the invoice price

You purchase a bond with a coupon rate of 7 percent, semiannual coupons, and a clean price of $1,011. If the next coupon payment is due in four months, what is the invoice price?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd