Questions
Red Bear Ltd. purchased several intangible assets, as follows: Asset Purchase Cost Asset Purchase Cost Licence...

Red Bear Ltd. purchased several intangible assets, as follows:

Asset Purchase Cost Asset Purchase Cost
Licence $76,000 Patent $173,000
Customer list 62,700 Copyright 252,000


The following information is also available:

In addition to the costs listed above, there were legal fees of $15,000 associated with the licence acquisitions. The licences are valid in perpetuity, and sales of the products produced under the licences have been strong and are expected to continue at the same level for many decades.
The customer lists are expected to be useful for the next six years.
The patent has a legal life of 20 years, but technological changes are expected to render it worthless after about 8 years.
The copyright is good for another 40 years, but nearly all the related sales are expected to occur during the next 10 years.

a) Calculate the annual amortization expense, if any, that should be recorded for each of these intangible assets, assuming the straight-line method is appropriate. (Do not leave any answer field blank. Enter 0 for amounts.)

Asset Annual amortization expense
Licences $
Customer list $
Patents $
Copyrights $

b) Show how the intangible assets section of the statement of financial position would be presented four years after acquisition of these assets, assuming that there has been no evidence that their values have been impaired. Assume that a full year of amortization was taken in the year of acquisition.

Intangible assets, at cost less accumulated amortization
Copyrights $
Patents
Customer Lists
Licences
Total intangible assets $

In: Accounting

Pick a product or labor market that you can talk about. Be specific when answering the...

Pick a product or labor market that you can talk about. Be specific when answering the questions about your market.

Give an example of market that you buy or work in.How does the market work? How many buyers are there? How many sellers? Is there a middleman in this market? What is the role of the middleman? How is the middleman lowering the transaction costs for buyers and sellers? Is the middleman likely to be replaced or eliminated in your market? Explain why or why not.What is the product that is being sold? How are prices set? How is the quality/service set?Are there innovations? How do they happen?

In: Economics

b.   The production function.    i.   What is the production function?    ii.   What questions does...

b.   The production function.
   i.   What is the production function?
   ii.   What questions does it help a business answer?
   iii.   How would you approach defining your company production function?
   iv.   What information would you need?
   v.   Where would you get that info?
c. Short
   i.   List and explain the 3 Short Run Production Relationships discussed in the slides and audio.
   ii.   Explain who in a business would care about them and how they might be used.

In: Economics

Consider the following hypothesis test. H0: σ12 = σ22 Ha: σ12 ≠ σ22 (a) What is...

Consider the following hypothesis test.

H0: σ12 = σ22

Ha: σ12 ≠ σ22

(a)

What is your conclusion if

n1 = 21,

s12 = 2.2,

n2 = 26,

and

s22 = 1.0?

Use

α = 0.05

and the p-value approach.

Find the value of the test statistic.

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

Reject H0. We cannot conclude that σ12 ≠ σ22.Do not reject H0. We cannot conclude that σ12 ≠ σ22.    Reject H0. We can conclude that σ12 ≠ σ22.Do not reject H0. We can conclude that σ12 ≠ σ22.

(b)

Repeat the test using the critical value approach.

Find the value of the test statistic.

State the critical values for the rejection rule. (Round your answers to two decimal places. If you are only using one tail, enter NONE for the unused tail.)

test statistic≤test statistic≥

State your conclusion.

Reject H0. We cannot conclude that σ12 ≠ σ22.Do not reject H0. We cannot conclude that σ12 ≠ σ22.    Reject H0. We can conclude that σ12 ≠ σ22.Do not reject H0. We can conclude that σ12 ≠ σ22.

In: Statistics and Probability

Explain how, given any attempt to use linear regression to explain economic phenomenon, you can be...

Explain how, given any attempt to use linear regression to explain economic phenomenon, you can be sure that your model is indeed measuring what you set out to measure and not simply reflecting spurious correlation between variables.

In: Statistics and Probability

Explain how, given any attempt to use linear regression to explain economic phenomenon, you can be...

Explain how, given any attempt to use linear regression to explain economic phenomenon, you can be sure that your model is indeed measuring what you set out to measure and not simply reflecting spurious correlation between variables.

In: Economics

What is Distributed Routing Algorithm? Explain clearly using a network (subnet) of your choice with appropriate...

What is Distributed Routing Algorithm? Explain clearly using a network (subnet) of your choice with appropriate routing tables at nodes. You must use a network that is different from the ones that I used in class to explain this concept. You must also draw your network graph and provide the routing table that you considered.

In: Computer Science

i REALLY NEED REPLY AS SOON AS POSSIBLE: PLEASE PLEASE MAKE THE ASSIGNMENT ON THIS TASK...

i REALLY NEED REPLY AS SOON AS POSSIBLE: PLEASE PLEASE MAKE THE ASSIGNMENT ON THIS TASK OF Business Ideas based on a indian restaurants Purpose: Develop and formulate an idea for your own business. Money is not an issue for this assignment. Envision that you get all the funding you need to start it up. Task: Write a short abstract (200-250 Words) describing your business idea in the discussion section of this assignment. What is the basic idea? What are your first steps to realize that idea? What is the long term goal?

In: Economics

Activity 1: Why do you have to adjust the light as your magnification increases? What is...

Activity 1:

  1. Why do you have to adjust the light as your magnification increases?
  1. What is happening to the size of the field of view as the magnification increases?
  1. What is happening to the amount of light that is getting into the lens as the magnification increases?
  1. What are two ways you can change the amount of light?
  1. Under the 4X scanning lens, are all 3 threads simultaneously in focus? _____________________

  1. Under the 10X low power lens, are all 3 threads simultaneously in focus? __________________

  1. Insert your screenshot of the “Test your knowledge” section.

In: Biology

i REALLY NEED REPLY AS SOON AS POSSIBLE: PLEASE PLEASE MAKE THE ASSIGNMENT ON THIS TASK...

i REALLY NEED REPLY AS SOON AS POSSIBLE: PLEASE PLEASE MAKE THE ASSIGNMENT ON THIS TASK OF Business Ideas based on a indian restaurants Purpose:

THIS IS THE QUESTION : Develop and formulate an idea for your own business. Money is not an issue for this assignment. Envision that you get all the funding you need to start it up. Task: Write a short abstract (200-250 Words) describing your business idea in the discussion section of this assignment. What is the basic idea? What are your first steps to realize that idea? What is the long term goal?

In: Finance