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Problem 1: On January 1, 2014, WISE Inc. acquired a patent with for P10,000,000 with remaining useful life of 5 years and remaining legal life of 10 years. On December 31, 2014, WISE was sued by a competitor on alleged patent infringement. WISE prevailed in the case and incurred litigation costs in successfully defending the patent in the amount of P2,000,000. On July 1, 2016, WISE sold the patent for P5,000,000 and incurred P500,000 disposal cost. What is the gain/(loss) on patent disposal to be recognized by WISE?
Create a policy for 802.11 Wi-Fi security in a wireless network in a 500-employee company with a 47-access point WLAN. This is not a trivial task.
Today is January 1st, 2016. Fabregas, Inc. is projecting earnings per share (EPS) of $4.50 for January 1st, 2017. Calculate the P-E ratio
Show how each transaction would he handled using the accrual basis of accounting. Give the amount of revenue or expense for January. Journal entries are not required. Use the following format
Throughout this course, you may have recognized ways in which the use of accounting software will add efficiency to your organization. The work-time spent as a business manager can be used to analyze, reconcile, and compile financial information, rat..
Suppose your company raises funds from outside lenders. What type of agency costs might occur? How might lenders mitigate the agency costs?
What amount is deductible if Martha uses the standard mileage method? Martha is self-employed and uses her personal automobile for business trips.
Would your company be more likely to benefit from using a manufacturing cost hierarchy or a customer cost hierarchy for determining cost drivers
Determine the direct labor rate variance? Evaluate the standard direct labor rate?
What amount of Net Income would Orion record for May? Collected $47,000 payment in advance for services to be performed. $25,000 of service
How would I solve the fallowing question without using Microsoft Xl. a breakdown on the equation would be much appreciated
K&G Company currently sells 1.15 million, Assume that the company's desired rate of return is 11%. Calculate the net present value of the investment.
ACC300 : You are asked to state what the different threats to the Auditor's independence are and explain how these threats impact on the Auditor's.
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