
Excellence in Business Communication (11th Edition)
11th Edition
ISBN: 9780133544176
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Chapter 6, Problem 6.12E
Summary Introduction
To determine:
Removing unnecessary modifiers from a given sentence.
Introduction:
Finding balance to omit the words and phrases that are considered unnecessary should be applied in a matter where the original idea of the message does not lose its value rather out stands as a clear and concise sentence.
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Trial Balance
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Q1:
Wyatt Company had three intangible assets at the end of 2024 (end of the fiscal year):
Computer software and Web development technology purchased on January 1, 2024, for $70,000. The technology is expected to have a useful life of four years.
A patent purchased from R. Jay on January 1, 2024 for a cash cost of $6,000. Jay had registered the patent with the Canadian Intellectual Property Office seven years earlier on January 1, 2017. The cost of the patent is amortized over its legal life.
A trademark that was internally developed and registered with the Canadian government for $13,000 on November 1, 2023. Management decided that the trademark has an indefinite life.
Required:
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tech 70k
patent 6k
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tech 17.5k
patent: ????
3-a.…
Q1:Wyatt Company had three intangible assets at the end of 2024 (end of the fiscal year):
Computer software and Web development technology purchased on January 1, 2024, for $70,000. The technology is expected to have a useful life of four years.
A patent purchased from R. Jay on January 1, 2024 for a cash cost of $6,000. Jay had registered the patent with the Canadian Intellectual Property Office seven years earlier on January 1, 2017. The cost of the patent is amortized over its legal life.
A trademark that was internally developed and registered with the Canadian government for $13,000 on November 1, 2023. Management decided that the trademark has an indefinite life.
Required:
1. What is the acquisition cost of each intangible asset?tech 70kpatent 6ktrademark 13k
2. Compute the amortization of each intangible asset at December 31, 2024. The company does not use contra accounts. (Round the final answers to the nearest whole dollar.)tech 17.5k
patent: ????
3-a. Compute the amount of…
Chapter 6 Solutions
Excellence in Business Communication (11th Edition)
Ch. 6 - Prob. 1CACh. 6 - Prob. 2CACh. 6 - Prob. 1LOCCh. 6 - Prob. 2LOCCh. 6 - Prob. 3LOCCh. 6 - Prob. 4LOCCh. 6 - Prob. 5LOCCh. 6 - Prob. 6LOCCh. 6 - Prob. 7LOCCh. 6 - Prob. 8LOC
Ch. 6 - Prob. 9LOCCh. 6 - Prob. 10LOCCh. 6 - Prob. 11LOCCh. 6 - Prob. 12LOCCh. 6 - Prob. 13LOCCh. 6 - Prob. 14LOCCh. 6 - Prob. 15LOCCh. 6 - Prob. 16LOCCh. 6 - Prob. 17LOCCh. 6 - Prob. 18LOCCh. 6 - Prob. 19LOCCh. 6 - Prob. 6.1AYKCh. 6 - Prob. 6.2AYKCh. 6 - Prob. 6.3AYKCh. 6 - Prob. 6aPYSMFACh. 6 - Prob. 6bPYSMFACh. 6 - Prob. 6cPYSMFACh. 6 - Prob. 6.4ECh. 6 - Prob. 6.5ECh. 6 - Prob. 6.6ECh. 6 - Prob. 6.7ECh. 6 - Prob. 6.8ECh. 6 - Prob. 6.9ECh. 6 - Prob. 6.10ECh. 6 - Prob. 6.11ECh. 6 - Prob. 6.12ECh. 6 - Prob. 6.13ECh. 6 - Prob. 6.14ECh. 6 - Prob. 6.15ECh. 6 - Prob. 6.16ECh. 6 - Prob. 6.17ECh. 6 - Prob. 6.18ECh. 6 - Prob. 6.19ECh. 6 - Prob. 6.20ECh. 6 - Prob. 6.21ECh. 6 - Prob. 6.22ECh. 6 - Prob. 6.23ECh. 6 - Prob. 1EYSCTPCh. 6 - Prob. 1SYCKO
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