P9-7A The intangible assets section of Redeker Company at December 31‚ 2011‚ is presented below. Patent ($70‚000 cost less $7‚000 amortization) $63‚000 Franchise ($48‚000 cost less $19‚200 amortization) 28‚800 * Total $91‚800 * The patent was acquired in January 2011 and has a useful life of 10 years. The franchise was acquired in January 2008 and also has a useful life of 10 years. The following cash transactions may have affected intangible assets during 2012. Jan. 2 Paid $45‚000
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University of Phoenix Material Week Two Quiz Multiple Choice Please choose the correct answer to the following questions. 1. ______D_______ refers to the experience created from stimulating a sense organ. a. Perception b. Stimulus c. Transduction d. Sensation 2. _____D________ refers to the smallest change in sensation that can be detected at least 50% of the time. a. Adaptation b. Weber’s Law c. Difference Threshold d. Absolute Threshold 3. Sensory cells located on
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Homework 1 1. CORRECT You recently sold 200 shares of Apple stock to your brother. The transfer was made through a broker‚ and the trade occurred on the NYSE. This is an example of D. Secondary market transaction 2. CORRECT Which of the following statements is CORRECT? E. Capital market instruments include both long-term debt and common stocks 3. Talbot Enterprises recently reported an EBITDA of $9.0 million and net income of $2.7 million. It had $3.24 million of interest expense‚ and its corporate
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ANSWER: Choice "c" is correct. Value added costs are those resource uses that provide value to the consumer. The cost of inventorying products‚ generally moving‚ handling and storing them‚ does not add value to the product and is generally considered one of the most significant non-value activities/costs that a manufacturer should reduce because it can be controlled. Choice "a" is incorrect. Costs of materials that cannot be traced to an individual product are often not controllable and are thus less
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Math 221 Quiz Review for Weeks 5 and 6 1. Find the area under the standard normal curve between z = 1.6 and z = 2.6. First we look for the area of both by doing “2nd ‚Vars‚ NORMALCDF” and inputting “-1000‚ “Z‚” 0‚ 1 then find the difference between both. 2. A business wants to estimate the true mean annual income of its customers. It randomly samples 220 of its customers. The mean annual income was $61‚400 with a standard deviation of $2‚200. Find a 95% confidence interval for the true mean
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ACC 206 Week Three Assignment Please complete the following five exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. 1. Overhead application: Working backward The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional
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Week 2 Individual Paper Anthony Dulle‚ ECO/561 January 10‚ 2013 Mark Pribonic Week 2 Individual Paper As discussed in week 1; understanding market equilibrium and how to maintain market equilibrium is essential for all business leaders. Market equilibrium is the point at which the demand of the consumers is equal to the supply of the producers. The goal of all organizations is to ensure their output is at market equilibrium‚ therefore having no surplus or shortage. However‚ many factors
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There have been several concepts learned and discussed that will be beneficial to persons holding positions in the accounting field. Some skills required to be successful are; differentiating between accrual-basis and cash-basis accounting‚ detailing what creating adjusting entries entails‚ and the logistics of preparing an adjusted trial balance. These two methods are somewhat alike but do have a couple differences. Both methods have been tested and proven to be effective ways for companies to
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Transactions Accounting Principles General Journal Cash Account Purchases ledger Sales ledger General ledger Trail Balance Jan 1 Started business by borrowing a loan of $50 000 from the Centrex Commercial Bank which was invested into the business along with his personal savings of $50 000. The loan carries an interest rate of 12% per annum. The following transactions took place during the year. 1 Purchased the following assets and paid for them by cash: Furniture and Fittings
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TUI UNIVERSITY Module 1 SLP ACC 202 Managerial Accounting The organization that I have chosen for this assignment is the Army Emergency Relief (AER) program. AER is the Army ’s own emergency financial assistance Program. The main purpose of AER is to ensure that its service members are able to take care of themselves and their family members in the event of emergencies‚ educational needs‚ health expenses‚ rent/mortgage‚ food/utilities and funeral expenses. AER
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