These are selected 2022 transactions for Wyle Corporation. Jan. 1 Purchased a copyright for $120,000. The copyright has a useful life of 6 years and a remaining legal life of 30 years. Mar. 1 Purchased a patent with an estimated useful life of 4 years and a legal life of 20 years for $54,000. Sept. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite

Answers

Answer 1

The copyright purchased will be amortized over 6 years useful life.

$120,000 / 6 years = $20,000/annum

The patent purchased will be amortized over the useful life of 4 years

$54,000 / 4 years = $13,500 / annum

Goodwill is not amortized. But rather is checked for impairments.

What is Amortization?

Amortization is the systematic allocation of costs over the useful life of asset. The asset may be an intangible, if it is a tangible it is depreciated.

The life over which the asset is amortized is lower of useful and legal life, in both the cases the useful life was lower than the legal life.

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Related Questions

List of the least five behaviors you feel would be behavior you feel would be considered irresponsible in the workplace. For each behavior listed, provide a detailed example/scenario to detail what makes the behavior either responsible or irresponsible.

Answers

Answer: See Explanation

Explanation:

Some of the behaviors that would be considered irresponsible in the workplace include:

1. Lateness: Every company has its working hours and it is required for the employees to adhere to the working hours and always get to work on time. Lateness is a bad habit in the workplace. For a company to achieve its goals, it's required for its workers to come to their workplace early and perform their duty well.

2. Cyberslackers: This occurs when the employees use the internet that is meant for work related activities to surf the net and browse sites that doesn't relate to their work. For example, a case whereby an employee is checking his or her social media at the workplace.

3. Lying to other employees: It is a bad behavior for an employee to lie or say something that's not true about a person in order to gain an advantage or for other person reasons Lying brings about lack of trust and disunity in the workplace.

4. Having a bad character: In an organization, it is vital for the employees to possess good characters such as being kind, caring, helpful etc. Possessing a bad character will have a negative effect on the company.

5. Theft: Employee theft is also an irresponsible behavior in the workplace. Stealing has a negative effect on the revenue of the company as it reduces the revenue such company makes. Employees should always make sure that they do not falsify information in order to gain a financial advantage or steal company's fund.

If the country wants to move from its current point and produce 10 more tons of food, it must produce...

O 5 more tons of clothing

O 5 fewer tons of clothing

10 more tons of clothing

O 10 fewer tons of clothing

Answers

5 fewer tons of clothing

Problem 17-1A Comparing costs using ABC with the plantwide overhead rate LO P1, P3, A1, A2

Answers

Answer:

$67.50 per hour

Explanation:

Setup Cost = $312,500

Transportation Cost = $10,000

Direct Labor cost $25,500

Modification of machine cost $12,000

Insurance of Factory Premises $28,000

Raw material Cost $118,250

Machine hours = 7,500 hours

labor hours = 3,500  hours

Total manufacturing Overheads = $506,250 / 7,500 = $67.5 per hours

Select all that apply.
Which of these are true of a natural pause following a conversation?
You should begin speaking to avoid awkwardness.
You should not panic.
Take a moment to collect your thoughts before you speak.
Conversations that end with a pause went poorly.

Answers

Answer: all of the above.

Why? Because all of them are important in a conversation!
speaking to avoid awkwardness is good so you won’t end up ruining the conversation without realizing and giving the other person a bad impression about yourself. And not panicking is quite important too, because when you panic and get negative thoughts you’ll realize that it’s keeping you down and making you feel bad or anxious about every single word you say. And lastly collecting your thoughts and putting them in order (few seconds before starting a conversation) can be helpful to most people which will make them feel more confident and prepare especially if the conversation was serious.

Answer:

You should not panic

AND

Take a moment to collect your thoughts before you speak.

Explanation:

Hope this helps!

5. Describe how Chris used networking to his advantage in getting an internship
Witter and signing new clients.

Answers

Answer:

is there more information for this question?

Prepare a report on environmental sanitation. Include the impacts, causes, and prevention methods​

Answers

Answer and Explanation:

Environmental sanitation is carried out through a series of public investments that seek to promote environmental control in a region. The impacts of this type of sanitation must be positive, since it is through it that a community can present adequate garbage collection, treated water supply, sewage treatment, correct disposal of human waste, cleaning of public roads, basic sanitation, among others . All of this promotes human development, the well-being of the population and environmental preservation.

The causes of environmental sanitation are the need to establish social policies that promote better living conditions and that optimize the health of citizens without degrading the environment.

Describe a situation where value at one level of the enterprise may not be seen as valuable at another level

Answers

Answer:

At the Board level of a traditional company, the value delivered by a company's Information technology unit is rarely mentioned or discussed if they are not an IT firm.

This is attributable to the inability of traditional firm-level economic analysis to bring fully to the fore, in a langugage that the Board of governors can understand, the intangible impacts of IT delivers to the overall business value.

The purchase of faster laptops and better productivity tools (for instance) which help to foster collaboration irrespective of time or space will in some way translate to increased bottom line due to increased effectiveness and efficiency might go unaccounted for or unnoticed in a board level report.

However, the sales-manager who brought in more money in sales will most likely get very decent attention from the powers that be.

Cheers

Pete and Shirley are filing a joint return. They have two dependent children. What is the total amount of their exemptions for tax year 2019? A. $0 B. $4,200 C. $8,400 D. $16,800

Answers

Answer:

A. $0

Explanation:

The Tax Cuts and Jobs Act eliminated personal exemptions starting 2018. It also increased standard deductions though. For example, the standard deduction for married filing jointly for 2019 was $24,400. This is a significant increase if you consider that the standard deduction for married filing jointly in 2017 was $12,700.

Devon, a Project Manager is working on a software development project. He needs more coders to complete the project on time. As a result, he hires people and they are given on-the-job training by their coworkers. However, this significantly reduces the output of th team and leads to a delay in the project. The given scenario exemplifies:

Answers

Answer: the mythical man-month effect

Explanation:

The scenario given in the question above signifies the mythical man-month effect.

According to the mythical man-month effect, it explains that when more programmers are added to a particular project, this eventually led to a delay in the project.

Since we are told that Devon needs more coders to complete the project on time and therefore hired more people to complete the project but eventually led to a delay, thus signifies the mythical man-month effect.

Productivity is an important goal for Clearwater Electronics. Like most productive organizations, Clearwater recognizes the contributions human resource management (HRM) can make to improve productivity through people. How can HRM best ensure that the work environment at Clearwater is one in which employees are productive and add value?

Answers

Answer:

HR managers can contribute by providing work organization and design that allow for an increase of output as well as quality

Explanation:

Which economic system is based on an idea of equality of result; that regardless of how well off somebody starts, all
should be guaranteed an equal success?
O A. Traditional
B. Command
OC. Mixed
D. Market

Answers

B. Command

What your describing sounds a lot like communism which would be found under a command economic system

Answer:

D.Market

Explanation:

A market economy conforms to formal equality of opportunity only if jobs offered by business firms are publicized in advance, so that anyone who might want to apply has a reasonable opportunity to do so.

What are three ways to discover how to involved in your chosen career field

Answers

Answer:

Research industry information. ...

Find out about professional associations. ...

Research career options using LinkedIn.

what are vital events?

Answers

Answer:

efers to the live birth, death, foetal death, marriage, divorce, adoption, legitimation, recognition of parenthood, annulment of marriage, or legal separation.

Explanation:


Description
Vital statistics is accumulated data gathered on live births, deaths, migration, fetal deaths, marriages and divorces. The most common way of collecting information on these events is through civil registration, an administrative system used by governments to record vital events which occur in their populations

Workplace diversity describes differences among workers in any of the following areas:
salary
office space
religion
race
Select all that apply.

Answers

Answer:salary

All

Explanation:

Which of the following list of factors of production would be considered land?

O Factories, assembly lines, buildings

O Farms, tractors, pesticides

O Iron ore, natural gas, water

O Dams, bridges, oil wells

Answers

Most likely answer is option 1

HELP PLEASE ILL GIVE CROWN!!!!
the percentage you will need to pay in interest on a loan will NOT depend on what factor?
A. your history of paying back loans in the past.
B. your volunteer activities and proof that you are a good person.
C. your overall credit score.
D. the financial choices you have previously made.

Answers

Answer:

B

Explanation:

This has nothing to do with your financial history, while every other option does.

2) On the basis of the calculations you have made, explain which location Saber should
choose.

Answers

Answer:

Explanation:

physical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributesphysical attributes

DO you like Anne with an E?​

Answers

Answer:

meh

Explanation:

it's okay. I kind of don't like how they stayed from the book but all the scenes were shot beautifully, and the actors did great. I only watched a few so I cant give more than a "meh" but I do like what I'm seeing so far

A. Identify a profession b. In not more than 60 words, describe the "art" and "science" of such profession in (a).

Answers

Answer:

Comedy as a Profession is a great example.

Explanation:

The science of it is related to the psychology of what makes people laugh.

If studied, one would realize that there are certain things that are bound to make people laugh (all things being equal). An example is when a person makes fun of themself to an audience.

To explain this, scientists have stated that it is inherent in humans to laugh at the misfortune of others. However, this is just a theory and does not explain why we laugh at other kinds of comedy.

A plausible explanation (which is more recent in the parlance of psychology) is that people also laugh when certain expectations are defied in a very witty manner.

As a professional stand-up comedian, knowing all the rules and tricks is just one part of the coin. Being able to, either by practice or repeated efforts during practice, internalize these principles, practice them and effectively use them is the artistic part of the picture.

There those who are gifted naturally with a principle thought process that elicits laughter from others, would be termed hilarious. However, to make a living out of comedy, one would need to fully understand the principles and practice to deliver them as naturally as possible.

Another paradigm to the art of comedy is that, it has to be very witty. Wit many times may come with an element of suprise... a new angle that was previously "unthought" of.

Cheers!

FINISH THIS SENTANCE
There was this blind man, right? He Was feeling his way down the street with this stick,

Answers

when he runs into a old dog who so happens to be a dog that guides blind people.

What are some common spreadsheets applications?​

Answers

USES ( APPLICATIONS) of spreadsheet are;

1) to create budgets : Excel can be used in creation of budget s which is the estimation of revenue as well as expenses which covers specified future period of time.

2)produce graphs and charts: it's application is helpful in creating graphs in mathematics as well as statistics

3 for storing and sorting data: Data sorting can be done using spreadsheet. It involves arrangements of data into an order in order to make analysis of the data easier.

SPREADSHEET APPLICATION

1)Microsoft Excel : This is used in data

crunching , it can handle large data sets.

2)LibreOffice : it's applicable in Calc for a free as well as native spreadsheet app.

4) Smartsheet: is useful when handling

task involving non-spreadsheet and can be used for project management.

5)Quip : it's useful for integration of

spreadsheets into shared documents.

Which of the following explains how revenue is determined?

A. The total amount of money brought in by sales.

B. Gross domestic product is calculated.

C. Costs are subtracted from revenues.

D. The maximum level of benefits is figured.​

Edit: Its not C

Answers

Answer:

A. The total amount of money brought in by sales.

How will taxation influence the circular flow model

Answers

Answer:

TMS

Explanation:

Taxes (T) imposed by the government reduced the flow of income.

Money paid to foreign companies for imports (M) also constitutes a leakage.

Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.

Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?

Answers

Often, using a debit card doesn’t feel like you are using real money, because it is so simple and efficient. This can cause people to buy more than they have in their checking account, often resulting in overdraft fees and poor budgeting.

The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.

What is a financial goal?

A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.

The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.

Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.

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someone please help !!

i need to fill the blanks in w descriptions from the bank on the right, based of an article. some descriptions also need to be inferred. (dark grey boxes are not to be answered)

https ://www.allbus ines s .com/advantages-and-dis advantages -of-sole-proprietors hips -3-875-1.html

Answers

Answer:

aph development continues with an expression of the rationale or the explanation that the writer gives for how the reader should interpret the information presented in the idea statement or topic sentence of the paragraph. The writer explains his/her thinking about the main topic, idea, or focus of the paragrap

Explanation:

Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-​

Answers

Answer:hold up

Explanation:

HELP ME PLEASE!!!
when is it usually best to choose a variable rate home mortgage?
A. if you plan to stay there many years.
B. if you plan to stay there a short time before moving again.
C. if you plan to rent it out.
D. if you plan to have a large family.

Answers

Answer:

A...............maybe D

1.2.
State which environment unions are found in.​

Answers

United state maybe cause you said which state ;-;

In what type of economy do people officials determine the 3 basic economic questions?

Answers

Most likely a Command economy.
Other Questions
is a document that contains questions or blank spaces where the appilicant provides information what is the theory of purchasing power parity? does the theory successfully explain all long-run exchange rate movements? what are some reasons that it might not always explain such movements? how does the ppp impact customers and businesses differently? you decide to work in japan for the next ten years, accumulate some savings, then move back to the united states and convert your savings from yen to dollars. at the time of your move, economists predict that consumers in the united states have reignited their love of japanese products, especially hoverboards and 3d televisions, and expect this strong preference for japanese products will continue for the next decade. should these predictions encourage or discourage you from working and saving in japan why should you reconsider your move and/or reconsider it in the future? How can the amidomalonate method be applied to synthesize phenylalanine in two steps? In a survey conducted among some people of a community, 650 people like meat, 550 people don't like meat, 480 don't like fish and 250 like meat but not fish. (i) How many people were surveyed? (ii) How many people like fish but not meat? (iii) How many people are vegetarians? Match the task to the correct phase.1. creating the communication plan project-initiation phase 2. completing the project charter project-planning phase 3. noting the team's accomplishments project-closure phase 4. monitoring the project schedule project-execution phase tyner et al. (2002) found that strains of mice with elevated expression of the protein p53 ________________________________. Joyce is paid $14. 85 an hour for a regular 40-hour week. Her over time pay is time and a half her hourly rate. This past week, Joyce earned $727. 65 in total pay. How many hours of overtime did she work? Kindly solve this question as soon as possible using the concept pf graph theorySuppose Kruskals Kingdom consists of n 3 farmhouses, which are connected in a cyclical manner. That is, there is a road between farmhouse 1 and 2, between farmhouse 2 and 3, and so on until we connect farmhouse n back to farmhouse 1. In the center of these is the kings castle, which has a road to every single farmhouse. Besides these, there are no other roads in the kingdom. (a) Find the number of paths of length 2 in the kingdom in terms of n. Justify your answer. (b) Find the number of cycles of length 3 in the kingdom in terms of n. Justify your answer. (c) Find the number of cycles in the kingdom in terms of n. right-clicking a column heading, then selecting insert, will add a new column to the left of the current column.T/F? (a) What is the rate of heat conduction through the 3.00-cm-thick fur of a large animal having a 1.40-m2 surface area? Assume that the animals skin temperature is 32.0C , that the air temperature is 5.00C , and that fur has the same thermal conductivity as air. (b) What food intake will the animal need in one day to replace this heat transfer? write lead variables in terms of the free vraibles What is the main theme reflected in this excerpt from Ulysses by Alfred, Lord Tennyson?There gloom the dark broad seas. My mariners,Souls that have toil'd, and wrought, and thought with me--That ever with a frolic welcome tookThe thunder and the sunshine, and opposedFree hearts, free foreheads--you and I are old; Old age hath yet his honour and his toil.Death closes all; but something ere the end,Some work of noble note, may yet be done,Not unbecoming men that strove with Gods. A. The old have free hearts and free minds. B. The mariners have toiled hard to avoid the dark and broad seas. C. It is very important to have free time and sunshine in life. D. The old can regain honor by taking up challenges again. a volume of 100 ml of 1.00 m hcl solution is titrated with 1.00 m naoh solution. you added the following quantities of 1.00 m naoh to the reaction flask. classify the following conditions based on whether they are before the equivalence point, at the equivalence point, or after the equivalence point. the fuel tank of a truck has a capacity of 55 gal. if the tank is full of gasoline 1sg = 0.7512, what is the mass and weight of the gasoline in si units? which of the following is a valid metacharacter that can be used in the bash shell to escape or ignore the shell's special meaning for the character that immediately follows? the term structure of interest rates tells us what _________ interest rate are on default-free, pure discount bonds of all maturities. represents the curvilinear effect. In a quadratic regression model, the O A) slope of the linear term O B) error term O C) slope of the quadratic term OD) R Square 11.how is the molar solubility of a slightly soluble salt affected by the addition of an ion that is common to the salt equilibrium? you are a researcher planning a small n study in which you will test the impact of two levels of an independent variable. which design will you employ to establish a causal How does the Manifesto's legal interpretation of the Fourteenth Amendment differ from the Court's? To what extent does it invoke nonlegal factors?