User Account

All Pages

What is the total amount of intangible assets

Assignment Help Accounting Basics
Reference no: EM133165636

Question - The following amounts are included in the general ledger of Cinema Corporation at December 31, 2021:

Costs of developing a secret formula for a product that is expected to be marketed for at least 20 years P 480,000

Cost of equipment acquired for various research and development projects 640,000

Deposits with advertising agency for ads to promote goodwill of company 100,000

Premium on bonds payable 210,000

Patents 550,000

Trademarks 120,000

Copyright 400,000

Organization costs 89,000

Required - On the basis of the information above, what is the total amount of intangible assets to be reported by Cinema Corporation on its statement of financial position?

Reference no: EM133165636

Questions Cloud

What amount will jensen recognize as interest income : When Lewisburg Fabricators sought bank financing for this purchase the company was offered the funds at 8%, What amount will Jensen recognize as interest income
Types of threats to information security : What are the two types of threats to information security? What are examples of each type of threat?
Analyse tescos method of developing its employees : Analyse Tescos method of developing its employees. Consider the strengths and weaknesses of such a programme
Develop the plan within an organisational context : Develop the plan within an organisational context, where the learning plan aligns with organisational goals (Assessment Task2) and relevant to both individual
What is the total amount of intangible assets : On the basis of the information above, what is the total amount of intangible assets to be reported by Cinema Corporation on its statement of financial position
Promoting free trade and promoting green energy : What is the appropriate trade-off between promoting free trade and promoting green energy? Should the WTO rules be suspended when dealing with green energy?
How is demand generated to realize that impact : Identify and explain what you feel to be tourism's most significant economic impact using a specific example. If a positive impact, how is demand generated to r
Define terrorism and synthesize : Define terrorism and Synthesize how political science, communication, and other fields of study may be used to better understand the relationship between terror
What the amount of joint cost allocated to nuts and bolts : For product costing purposes Cheyenne allocates joint costs using the relative sales value method. What the amount of joint cost allocated to Nuts and Bolts

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd