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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