Question: Match each entity on the left to its most valuable intangible asset on the right. Group of answer choices Moderna, Inc McGraw-Hill Education New York

Match each entity on the left to its most valuable intangible asset on the right.

Group of answer choices

Moderna, Inc

McGraw-Hill Education

New York Yankees

Burger King in Lawrenceville

Options: Copyrights, franchises, patents, trademarks, purchased goodwill, clould computing

On November 15, 20X1, Alexa inc. acquired machine by issuing 2,000 shares of its no-par common stock with the market price of $35 per share. Alexa also received land from a township to build a new factory on the site. The land had fair value of $300,000. Alexa was required to pay $120,000 to get title to the land. Which statement is correct?

Group of answer choices

Alexa's property, plant and equipment will increase $370,000, and revenue will increase $300,000.

Alexa's property, plant and equipment will increase $250,000, and revenue will increase $180,000.

Alexa's property, plant and equipment will increase $190,000, and revenue will increase $300,000.

Alexa's property, plant and equipment will increase $370,000, and revenue will increase $180,000.

Disco Inc. purchased factory machine for $295,000, terms f.o.b. shipping point. Disco also incurred the following costs related to the machine.

State sales tax 29,200
Freight costs 5,600
Insurance while in transit 800
Property tax on the machine in first year of use 1,200
Installation costs 2,000
Insurance for the first year of operations 2,400
Materials & labor costs for testing the machine 700

Determine the capitalized cost of the machine. $333,300

$334,500

$332,600

$336,900

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