How to get the 630,000 answer? On January 2, 2016, Dec Company purchased a patent for a newconsumer product for P900,000.At the time of purchase, thepatent was valid for 15 years. However, the patent's useful life wasestimated to be only 10 years due to the competitive nature of theproduct.withdrawn from sale under governmental order because of apotential health hazard in the product.OrDecember 31, 2019, the product was permanentlyWhat total amount should Dec charge against income during 2019assuming amortization is recorded at the end of each year?P 90,000P540,000P630,000P720,000a.b.C.d.a trademark from Kit

Patents are intangible assets (those which do not have physical appearance). Intangible assets are…

On January 2, 2016, Dec Company purchased a patent for a new consumer product for P900,000. patent was valid for 15 years. However, the patent's useful life was estimated to be only 10 years due to the competitive nature of the product. On December 31, 2019, the product was permanently withdrawn from sale under governmental order because of a potential health hazard in the product. At the time of purchase, the What total amount should Dec charge against income during 2019 assuming amortization is recorded at the end of each year? P 90,000 P540,000 P630,000 P720,000 a. b. С. d. demark from

On January 2, 2016, Dec Company purchased a patent for a new consumer product for P900,000. patent was valid for 15 years. However, the patent's useful life was estimated to be only 10 years due to the competitive nature of the product. On December 31, 2019, the product was permanently withdrawn from sale under governmental order because of a potential health hazard in the product. At the time of purchase, the What total amount should Dec charge against income during 2019 assuming amortization is recorded at the end of each year? P 90,000 P540,000 P630,000 P720,000 a. b. С. d. demark from

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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You must choose one of these projects. Which one do you chose and why? Year 1 IRR NPV PI Project A Project B -50 80 60% 14 0.28 -120 180 50% 24 0.20
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Please use the two images below to solve this practice problem. Write clearly Thank you
Project A: IRR = 4%, Initial cost =100, NPV = 200 Project B: IRR = 14%, Initial cost =200, NPV = 230 Project C: IRR = 6%, Initial cost = 300, NPV = 300 Project D: IRR = 22%, Initial cost = 100, NPV = 260 If you can only choose 1 of the above projects above, which one should you choose? Project A Project B Project C Project D Not enough information to determine which project is preferred
please answer correct this time with all working