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What is the value in use of the patented manufacturing

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Question - Carla Vista Co. signs a contract to sell the use of its patented manufacturing technology to Flint Corporation for 16 years. The contract for this transaction stipulates that Flint Corporation pays Carla Vista $20,000 at the end of each year for the use of this technology. Using a discount rate of 8%, what is the value in use of the patented manufacturing technology?

Reference no: EM132646011

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