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withdrawn from sale under governmental order because of apotential health hazard in the product.OrDecember 31, 2019, the product was permanentlyWhat total amount should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 On December 31, 2019, the product was permanently withdrawn from sale under governmental order because of a potential health hazard in the product.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 On December 31, 2019, the product was permanently withdrawn from sale under governmental order because of a potential health hazard in the product.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

See similar textbooks

Similar questions

I need typing clear urjent no chatgpt use i will give 5 upvotes
To get the answer Step 1 plug everything using n=30 and you will have 0 for fv. Solve for pv Step 2 n= 2 and wte u got for pv in stdp 1 will go into fv. Pmt will be 0. Solve for pv
Based on the information below which projects will we choose based on weighted average profitabiltity Index if we only have OMR500,000 to invest? Project NPV Investment PI A 130,000 200,000 B 241,250 225,000 C 294,250 275,000 D 262,000 250,000 Select one: a. WAPI AD b. WAPI AB c. WAPI BD d. WAPI BC
a) the NPV for project "standard" is $19,972,824.09. (round to the nearest cent) The NPV for project "custom" is $ ??? (round to the nearest cent). How do I find the calculation for this?
6) Year Project A Project B Difference 0 -75000 -75000 0 1 26300 24000 2300 2 29500 26900 2600 3 45300 51300 -6000 Crossover rate 14.60% Hi I need help with the following question! Thank you! Are you going to accept project A or project B? Why?
How are you coming up with $9300 *0.05%? wouldn't it be $9900 x .05%?
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
Good afternoon, Could you please explain why the future value factor is 100. I understand why the percentage is 9.65 When I put in my calculator (1+r)^50= 100, it doesn't come out to 100. What does future value factor mean? From my understanding I should only be concerned with figuring out what the percentage rate was which is 9.65. Thank you
mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld- Mathematics for Business and Economics (44087) Summer 2022 E Homework: MLM HW 3.3 Use the future value formula to find the indicated value. n=50; i = 0.02; PMT= $72; FV = ? S e FV=$ (Round to the nearest cent.) Do Homework Help me solve this < Qu View an example Get more help. kp or real numbers a, b, and c, the associative property of addition states that ow, consider the expression 3 + (7 + y).
I keep getting .605932 when I do it on the calculator. I also don't understand why using FV....I'm receiving 2,360,000 so that should = PV