Stannum Records obtains two intangible assets in a business acquisition: legal rights to reproduce songs, valued at $5 million, and a trademark valued at $1 million. The trademark expires in 10 years and can be renewed at a minimal cost. Stannum estimates a 5-year useful life for the song rights. Because much of the songs' economic value is realized in their early years, Stannum uses double-declining balance amortization. Amortization expense in the first year after the acquisition is closest to: $2.1 million. $2.2 million. $2.0 million.

Answers

Answer 1

Answer:

$2 million

Explanation:

Calculation to determine what Amortization expense in the first year after the acquisition is closest to:

First year Amortization expense after acquisition = 2/5 × $5 million

First year Amortization expense after acquisition = $2 million

Therefore Amortization expense in the first year after the acquisition is closest to: $2 million


Related Questions

How do you make decision for the yourself?what are the things that you consider before making a decision​

Answers

Answer: I consider what's best for me first and what would he beneficiary to others

Explanation:

Making decisions for oneself should be directed most times to growth. Questions like; "how would this affect me or how will this benefit those around me".

When we consider what benefits us and others around us we tend to make the best decision which helps out growth and bring out the best in others.

Effective controls relevant to purchasing of raw materials should usually include all of the following except Obtaining third-party written quality and quantity reports prior to payment for the raw materials. Determining the need for the raw materials prior to preparing the purchase order. Systematic reporting of product changes that will affect raw materials. Obtaining financial approval prior to making a commitment.

Answers

Answer:

. Obtaining third-party written quality and quantity reports prior to payment for the raw materials

Explanation:

Purchases of raw materials can be regarded as purchases of all commodities that is required as inputs in the process of production as well as related to the supply of factors of production. It should be noted that Effective controls relevant to purchasing of raw materials should usually include; ✓Determining the need for the raw materials prior to preparing the purchase order.

✓Systematic reporting of product changes that will affect raw materials. Obtaining financial approval prior to making a commitment.

When a business increases its productivity, the cost of producing each item will be:
(A) Higher than before.
(B) Lower than before.
(C) The same as before.
(D) Determined by its competitors.

Answers

D. or a. i’m pretty sure

When a business increases its productivity, the cost of producing each item will be lower than before. Thus option A is correct.

What is cost of product?

Cost of production refers to all expenses a company incurs when producing a good or providing a service. And including labor costs, product prices often include consumables and commodities used during output.

Producing something has a cost, and how those expenditures are organized is crucial to every industry, including farming. By identifying opportunities for improvement.

The two main drivers of productivity increases are often regarded as indicators that the company is increasing overall efficiency. The quantity of products produced by each person will increase as they become more productive, which will result in a decrease in the cost of manufacturing each product.

Therefore, option A is the correct option.

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Rivalry among competing sellers is generally more intense when Group of answer choices industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume. barriers to entry are high and buyer switching costs are high. barriers to entry are moderately high and the pool of likely entry candidates is small. buyer demand is growing rapidly. the industry's driving forces are strong and rivals have strongly differentiated products.

Answers

Answer:

industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume.

Explanation:

Rivalry refers to the competitions that take place among firms in an industry with the aim of capturing greater market share

rivalry is influenced by :

1. barriers to entry :

If barriers to entry is high, there would be few firms competing for customers, so there would less intense rivalry

2. differentiation of goods in the industry :

If goods are differentiated, goods are unique from that of competitors. so there would be less need for intense rivalry

Fear of heights is known as ​

Answers

Answer:

Acrophobia

Explanation:

Acrophobia sometimes develops in response to a traumatic experience involving heights, such as: falling from a high place. watching someone else fall from a high place. having a panic attack or other negative experience while in a high place.

Hero Rent-A-Car has been the market leader in auto rentals for many years. Its employees are confident that they understand everything it takes to be successful in the industry and they feel they have nothing to learn from other companies both inside and outside the auto rental industry. Hero likely has what type of corporate culture

Answers

Answer:

Hero has an Insular corporate culture.

Chuong Ngo borrows $2700 from a bank that advertises a 7% simple interest rate and repays the loan in three equal monthly payments. Estimate the APR. Round to the nearest tenth of a percent. Use the Approximate Annual Percentage Rate Formula.

Answers

The estimated Annual Percentage Rate is 10.5%

APR means Annual Percentage Rate.

Annual Percentage Rate refers to the interest rate one pays on a loan each year.

We will use the Annual Percentage Rate(APR) Formula to derive the estimate

APR = 2nr/(n+1) where the P = $2,700, R = 7% and N = 3

[tex]APR = 2*3*0.07 / (3+1)\\APR = 0.42 / 4\\APR = 0.105\\APR = 10.5%[/tex]

In conclusion, the estimated Annual Percentage Rate is 10.5%

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Olivia is working with a small group of five coworkers put together by their CEO, Ben. They have been instructed to take care of an inequality in their manufacturing plant. Olivia and her team have the authority to make decisions by themselves without the approval of Ben. Olivia is working in ______.

Answers

Answer:

Both a self-managing team and a problem-solving team.

Find out stock value of the company with following dividend plans: $ 3, $ 4, $ 5, $6 , $7 for the first five years, then a final liquidating dividend of $60 at year 6. Assume discount rate for this stock is 15%. Find out the current stock value .

Answers

The current stock price will be $41.77

The current stock value will be the present value of all the dividends over the five years in question and then the present value of the liquidating dividend in the 6th year.

Present value = Dividend / ( 1 + rate) ^ year it was paid

Present value of all the dividends = ( 3 / (1 + 15%)) + (4 / (1 + 15%)²) + (5 / (1 + 15%)³) + (6 / ( 1 + 15%)⁴) + (7 / ( 1 + 15%)⁵) + ( 60 / ( 1 + 15%)⁶)

= $41.77

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Why would foreign firms export a product at less than its cost of production—which presumably means making a loss? Many nations participate in poor planning and as a result produce a surplus of product which they sell at a loss. This may be part of a long-term strategy in which foreign firms would sell at below the cost of production in the short-term for a time, and when they have driven out the domestic U.S. competition, they would then raise prices. Many nations simply wish to keep their workers employed, no matter what the cost. Many nations simply produce and sell inferior goods at prices that reflect this fact.

Answers

The statement" The foreign firms sell at below the production cost and whenever it is driven out so it increases the prices" is correct.

In the case when the foreign firms export a product i.e. lower than the cost of production that means they make the losses is when:

There is a long-term strategy.It should be less than the cost of production in less period.The prices are increased at the time when the driven out the competition of the domestic united states.

In other cases, it does not make the losses only the above factors should be considered.

Therefore we can conclude that the statement "It is part of the long-term strategy where the foreign firm should sell less than the cost of production in the short period of time and whenever it has driven out the competition of the domestic united states so the prices should be increased" is correct.

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Thomas, the Department Head of the meat processing unit of a food manufacturing company, refuses to allow an OSHA (Occupational Safety and Health Administration) compliance inspector to carry out the inspection process. In this scenario, what action can the OSHA inspector take

Answers

The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.

The inspection process is the process where the inspection could be done with regard to

Quality of products. Identify the defective products if any.Reveal any hazardous product if any.

Since the department head of food manufacturing company refuses to allow an OSHA for carrying out an inspection process so for this:

The search warrant should be produced so that they could be able to enter into the unit and check whether everything is fine or not. If anything is not fine so the proper penalty should be charged for the same.

Therefore we can conclude that The action that should be taken by the OSHA inspector is to generate the search warrant so that they could enter into a unit.

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What is a kiosk?
A. A stand-alone structure that offers information or a place to make
purchases
B. A display located at the end of an aisle in a store
C. A place that displays merchandise so that people can see it from
the street
D. A place in a store where people make purchases, including
impulse buys

Answers

Answer:

A kiosk is basically a structure where people can obtain information or make purchases. (Example: Information kiosk for a museum/visitor center).

Given this, one can clearly see that the correct answer is A. "A stand-alone structure that offers information or a place to make  purchases."

Let me know if this helps

Answer: A stand-alone structure that offers information or a place to make purchases

Explanation: Just took the test

ASAP PLZ

True or false: $50,000 in Pennsylvania will buy you the same amount of goods as $50,000 would in California.

Answers

Answer:

i think it is true

Explanation:

The given statement is false, that the $50,000 in Pennsylvania will buy up the corresponding amount of goods as $50,000 would in California.

What is dollar?

Dollar is defined as the basic monetary unit that is used in exchange for something. This is the defined as the money value of the US, Australia, Canada and certain countries in the Pacific, SE Asia, Africa, Caribbean, and South America.

Because Pennsylvania is nearly 3.5 times littler than California, the notion that $50,000 will buy the same amount of things in Pennsylvania as it will in California is false.

Therefore, the given statement is false.

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Again, consider Sharon, a single mother with two children under 18 who earns an annual income of $16,000. Suppose that Sharon qualifies for a
welfare program for single mothers that provides her with $500 cash for each child (a total of $1,000, since Sharon has two children). After receiving
welfare, is Sharon's family living in poverty?

O Yes
O No

Answers

Sharon and two kids makes 3 people total with both kids being under 18, the poverty level from the table is $20,231

She gets $1000 a month for her kids. 1000 x 12 months = $12,000 per year

12,000 + her annual salary = 12,000 + 16,000 = $28,000 per year.

28,000 is greater than 20,231 so she is not living in poverty.

The answer is no

who is responsible for the preparation of the financial statement​

Answers

Answer:

Account manager or chief accountant

Explanation:

Alain is a sales representative for an established awnings manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Alain can market his current products only to his current customers or Multiple Choice diversify. intensify his prototyping. expand his early adopter market segment. market the same products to similar customers.

Answers

Answer:

market the same products to similar customers

Explanation:

In simple words, the only choice that Alain have in the given case is to market the same product to similar customers. Diversifying and prototyping are beyond control of a salesman like Alain. Also, if there is no new product in the market there will be no chance that one can target a new market segment. Thus, we can conclude that the correct option is last statement.

Review Question 1 What is meant by deadweight​ loss? Why does a price ceiling usually result in a deadweight​ loss? Deadweight loss is a​ _____________________. A price ceiling results in a deadweight loss when the ceiling price is set​ ________________ the market clearing price. A. net loss in​ output; above B. net loss of consumer and producer​ surplus; below C. net loss in​ output; below D. net loss of consumer and producer​ surplus; above Click to select your answer and then click Check Answer. All parts showing

Answers

Answer:

b

Explanation:

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product.  

The dead weight loss is the reduction in total surplus as a result of price setting. When price is set below equilibrium price, less goods are produced and consumed. This leads to a reduction in consumer and producer surplus

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

General Staff immediately come together and begin developing strategies. General Staff Chiefs are: Evaluating staffing and supervisory needs in the Incident Command Post. Identifying resource shortfalls. Updating planning documents. What NIMS Management Characteristics are you supporting

Answers

Select all that apply.

Common Terminology

Management by Objectives

Incident Action Planning

Manageable Span of Control

Unified Command

Accountability

Answer:

Management by Objectives

Incident Action Planning

Manageable Span of Control

Explanation:

Considering the information given in the question, the NIMS Management Characteristics I am supporting are:

1. Management by Objectives

This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.

2. Incident Action Planning

This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.

3. Manageable Span of Control

This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.

On February 15, Symth Co. determines that it cannot collect $500 owed by its customer, A. Winds. Symth records the loss using the direct write-off method. This entry to record the write-off on February 15 would include a: (Check all that apply.) Multiple select question. credit to Accounts Receivable - A. Winds. credit to Bad Debts Expense. debit to Accounts Receivable - A. Winds. credit to Sales. debit to Bad Debts Expense. debit to Sales.

Answers

Answer:

debit to Bad Debts Expense.

credit to Accounts Receivable - A. Winds.

Explanation:

The journal entry to record the write off is given below:

Bad debt expense Dr $500

    To Accounts Receivable - A. Winds $500

(being the written off is recorded)

Here the bad debt expense is debited as it increased the assets and credited the account receivable as it decreased the assets

Shelly, a sales manager at Best Computers, has recently moved from Dallas to Hong Kong for an expatriate assignment. Shelly is feeling disoriented, irritable, and stressed about her new job and living arrangements in Hong Kong, which means that she is most likely experiencing ________.

Answers

Answer:

culture shock

Explanation:

It seems that Shelly is most likely experiencing culture shock. This is a set of feelings that occurs to most individuals when they move to a location that is very different than their home. Since Shelly moved from the US to China and the culture is completely different, it causes Shelly to not feel comfortable in this new location. Individuals experiencing culture shock experience many distinct feelings but ultimately adjust to the new environment and begin getting comfortable in this new location.

A _______________ guarantees that if the contract owner of a variable annuity dies prior to annuitization the beneficiary will receive at least as much from the variable annuity as the owner paid in premiums.

Answers

Answer:

Guaranteed Death Benefit

Explanation:

A guaranteed death benefit may be defined as a benefit term which guarantees that a beneficiary will surely receive a [tex]\text{death benefit}[/tex] if the annuitant expires or dies before the annuity begins paying the benefits.

It is a safety net where when the annuity dies while making the payments or the contract is in the accumulation phase.

Variable annuity is defined as an agreement or a [tex]\text{contract}[/tex] between a person and the [tex]\text{insurance company}[/tex], under which the [tex]\text{insurer agrees}[/tex] to make [tex]\text{periodic payments}[/tex] to the person, beginning either immediately or at some future date.

Thus, [tex]\text{Guaranteed Death Benefit}[/tex] guarantees a beneficiary to receive payments from the variable annuity which is guaranteed by the Guaranteed Death Benefit when the contract owner of the variable annuity dies before annuitization.

Prepare a short report about the importance of hotel management.

Answers

Answer:

Having a hotel management degree can help you get a lucrative entry position in food or beverage service, accounts, restaurant service, executive housekeeping, marketing, or other departments within a hotel

A municipality is issuing 40,000 bonds at a public offering price of $1,000. The manager of the underwriting syndicate receives $1.50 per bond. The total takedown is $6.50 per bond and the selling concession is $4.00 per bond. Assume the entire issue is sold with the selling group distributing 20,000 of the bonds sold. Calculate the amount of compensation the syndicate will receive for its risk on selling group sales

Answers

Answer:

$50,00

Explanation:

Calculation to determine the amount of compensation the syndicate will receive for their risk on selling group sales.

First step is to determine the Amount receive per bond for their risk.

Using this formula

Amount receive=Total takedown -Selling concession

Let plug in the formula

Amount receive=$6.50 -$4.00

Amount receive=$2.50

Now let determine the amount of compensation the syndicate will receive for their risk

Compensation received =$2.50*20,000 bonds

Compensation received= $50,000

Therefore the amount of compensation the syndicate will receive for their risk on selling group sales is $50,000

Many people are paid wages "under the table" or in the
form of cash with no taxes deducted. Do you believe
this is an acceptable practice or unethical? Please
defend your answer.

Answers

I find it to be unethical because it would mean that you aren’t covered by anything. Without a documented form of payment that includes taxes, you won’t be protected by insurance, worker’s compensation, or possibly even your rights as a worker.

Jill's parents are concerned because she does not have a job despite graduating from college. Her parents tell her that they got jobs right out of high school, so she should be able to get a job very easily. They conclude that she must be lazy. Jill tells them that they need to consider larger economic trends and changes in technology to understand why she is having trouble finding a job. Jill is using __________________ to explain her inability to get a job:

Answers

Answer:

Her sociological imagination.

Explanation:

From the question, we were informed about Jill's parents who were concerned because she does not have a job despite graduating from college. Her parents tell her that they got jobs right out of high school, so she should be able to get a job very easily. They conclude that she must be lazy. Jill tells them that they need to consider larger economic trends and changes in technology to understand why she is having trouble finding a job. Jill is using

Her sociological imagination to explain her inability to get a job. The sociological imagination can be regarded as a practice that involved having ability to “think ourselves away” from some of our daily and familiar routines of our lives, so that see them with critical and new eyes, Sociological imagination is ability gotten by individual to focus away from his/her particular situation then think from other point of view or alternative perspective. Sociological imagination can be regarded from other point of view as capacity of individual to shift his/her thought from one perspective to another perspective.

Resource-limited scheduling is a method fora. developing a schedule that attempts to minimize the fluctuations in requirements for resources.b. making sure all the resources do the same amount of work.c. making sure every task has the same number of resources.d. developing the shortest schedule when the number or amount of available resources is fixed and cannot be exceeded.

Answers

Sorry I can’t find the answer

Stephanie volunteers at an organization that collects and distributes clothing to those in need. As she is packing boxes to send overseas, she finds a donated item of clothing that perfectly suits her sense of style and would be a versatile item to add to her own wardrobe. Stephanie sets the item aside to take home with her. According to virtue-based ethics, why is Stephanie's action unethical? Stealing is always wrong. Her action cultivates the vice of greed. Her action will deprive needy recipients of clothing. She is not following the instructions she was given.

Answers

Answer: Her action cultivates the vice of greed

Explanation:

Greed is an attitude that most be dealt with unless it exposes you to what you can't control, an uncontrollable desire births greed most times, it's better individuals put their desires in check before becomes a thing of shame.

Stephanie taken some portions of the clothes which she think would suit her is display of greed.

An employee properly sued her employer for wrongful discharge in federal court. During discovery, the employee served the employer with a discovery request for information regarding all employment termination over the previous 15 years, regardless of the position. The employer objected, and the employee filed a motion to compel the requested discovery. The court denied the motion to compel, and the employee wants to file an immediate appeal to review this decision. Does the employee have a right to an immediate appeal

Answers

Answer:

No, because the trial court's order is an "interlocutory order" that can be reviewed prior to final judgment only if the trial court certifies it for immediate appeal and the appellate court, in its discretion, agrees to hear the appeal

Explanation:

Interlocutory orders

This is simply known as an order or judgment usually made in a case before  the said  parties claim or defense and every issue in the case has been reviewed or settled and they are not appealable. it is a form of rulings that trial judges do make in the course of pretrial proceedings and trials that were not entirely settled/resolve in the case. Therefore, they are not final. In this scenario above, interlocutory orders are usually not immediately reviewable on appeal until a final order is made such as meeting one of the exceptions permitting an appeal as of right (i.e., orders granting injunctions; orders appointing a receiver etc). This Appeals also may grant the review of an interlocutory order, but it is discretionary, and may be available only when the trial judge signs that the interlocutory order and the court of appeals then agrees to allow the appeal.

how the business can use creative thinking to solve the problem​

Answers

Answer:

Creative thinking helps you keep your business presence fresh. You'll be able to constantly reinvent your business in order to stay in your customers' awareness. ... Creativity improves your leadership skills. Being an effective leader means being creative in your approach and problem-solving.

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The Director of Information Technology for the city of Tampa, Florida formed a company to sell computer supplies and software. All purchases made on behalf of the City were made from her company. She was later charged with fraud for overcharging the City, but was not convicted by a jury. The control issue in this case arose because the Director had both ________ and ________ duties.

Answers

Answer:

1. Recording

2. Authorization

Explanation:

Based on the scenario described above, it can be concluded that the control issue, in this case, arose because the Director had both RECORDING and AUTHORIZING duties.

This is because, for the Director of Information Technology for the city of Tampa, Florida not to have been convicted by a jury regardless of what she did, she must have followed the Segregation of Duties accordingly. This is a means of reducing the errors or fraudulent activities of employees.

And given she has a RECORD of transactions to prove her innocence and at the same time, she has AUTHORIZATION or the approval to supply the software, and hence, she is not guilty of the accusation.

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