intangible assets

Question

Question

intangible assets

help..

accounting business finance Intangible-Assets Intangibles Amortization college

Add a comment Improve this question Transcribed image text

Answer 1

✔ Recommended Answer

Answer #0

The Franchise should be initially measured at P4,910,000

Explanation:

Given data:

The Franchise expense paid should be recognized at present esteem of future installments. The show esteem figure to be utilized for prompt installment is 1. The rest of the installment in 4 rises to the portion should be marked down based on a PV calculate of 14% for 4 a long time.

Currency is P

Discounting of cash flows Currency is p

The Franchise should be initially measured at P4,910,000

So, The Correct Option is D = 4,910,000

Add a comment

Answer 2

Similar Homework Help Questions

Acquisition and Amortization of Intangible Assets TLM Technologies had these transactions related to intangible assets during...

Acquisition and Amortization of Intangible Assets TLM Technologies had these transactions related to intangible assets during 2011 Jan. 2 Purchased a patent from Luna Industries for $200,000. The remaining legal life of the patent is 15 years and TLM expects the patent to be useful for 8 years. 5 Paid legal fees in a successful legal defense of the patent of $80,000. June 29 Registered a trademark with the federal government. Registration costs were $12,200. TLM expects to use the...
Fixed Assets and Intangible Assets Are the amounts at which fixed assets are reported on the...

Fixed Assets and Intangible Assets Are the amounts at which fixed assets are reported on the balance sheet, their approximate market values as of the balance sheet date? Does this conflict with the historical cost principle? When is it appropriate for a company to report their fixed assets at market value?
Whir are the characteristics of tangible and Intangible assets?

Whir are the characteristics of tangible and Intangible assets?

Companies usually buy_ assets. These include both tangible assets such as - and intangible assets such...

Companies usually buy_ assets. These include both tangible assets such as - and intangible assets such as To pay for these assets, they raise capital. The decision about how to raise the money is usually termed as decision. Multiple Choice financial, stock, patent.capital budget real, machine, trademarks, financing 0 0 financial, trademarks, stock, investment 0 real, equipment, bond, financing Which one of these statements is correct? Multiple Choice o When the management of a business is conducted by individuals other...
a) Qantas has intangible assets as reported in the annual reports. Critically discuss whether these intangible...

a) Qantas has intangible assets as reported in the annual reports. Critically discuss whether these intangible assets are primary drivers of the company’s performance. b) Given AASB138, there are intangible assets that are not represented on Qantas’s annual reports. Identify two such assets and their respective contributions to company’s performance.
Which of the following statements is false regarding the amortization of intangible assets? Multiple Choice Intangible...

Which of the following statements is false regarding the amortization of intangible assets? Multiple Choice Intangible assets with a limited useful life are amortized. The service life of an intangible asset is always equal to its legal life. The expected residual value of most intangible assets is zero. Goodwill is the most common intangible asset with an indefinite useful life.

Patents and copyrights are current assets. property, plant, and equipment. intangible assets.

Patents and copyrights are current assets. property, plant, and equipment. intangible assets.
Name and describe the five types of intangible assets.

Name and describe the five types of intangible assets.
11. Which of the following are not intangible assets a. Patents b. Copyrights c. Trademarks d....

11. Which of the following are not intangible assets a. Patents b. Copyrights c. Trademarks d. Contracts e. None of the above f. All of the above 12. Which of the following are not considered as PPE a. Undeveloped land b. .. c. .. d. Warehouse e. None of the above f. All of the above 13. Which of the following financial ratios is considered as efficiency a. ROS b. ROA c. ROE d. EPS e. None of the above...

Intangible Assets. Global Music Enterprises, Inc, had a balance sheet loaded with intangible asse...

Intangible Assets. Global Music Enterprises, Inc, had a balance sheet loaded with intangible assets-copy rights on music, goodwill from various prior acquisitions, and internet customer lists purchased from othe online music retailers. During the year, several accounting policy decisions were required regarding various intangible asset-related expenditures. Required What accounting policy should be adopted for the following expenditures? 1. Acquisition of new music rights from the estate of a deceased artist 2. Advertising costs intended to create customer loyalty 3. Purchase...

intangible assets

Homework Answers

Add Answer to:
intangible assets

Post as a guest

Earn Coins

Acquisition and Amortization of Intangible Assets TLM Technologies had these transactions related to intangible assets during...

Fixed Assets and Intangible Assets Are the amounts at which fixed assets are reported on the...

Whir are the characteristics of tangible and Intangible assets?

Companies usually buy_ assets. These include both tangible assets such as - and intangible assets such...

a) Qantas has intangible assets as reported in the annual reports. Critically discuss whether these intangible...

Which of the following statements is false regarding the amortization of intangible assets? Multiple Choice Intangible...

Patents and copyrights are current assets. property, plant, and equipment. intangible assets.

Name and describe the five types of intangible assets.

11. Which of the following are not intangible assets a. Patents b. Copyrights c. Trademarks d....