Using the information below, calculate amortization (straight line method) that will be shown in the operating cash
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Question:
Using the information below, calculate amortization (straight line method) that will be shown in the operating cash flow section of the cash flow statement, each year.
Purchase price of intangible asset | 4,560.0 |
Estimated residual value | 890.0 |
Estimated useful life (years) | 10.0 |
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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