Joni Marin Inc. has the following amounts reported in its general ledger at the end of the current year.
Organization costs
$23,300Trademarks
14,700Discount on bonds payable
36,300Deposits with advertising agency for ads to promote goodwill of company
11,300Excess of cost over fair value of net identifiable assets of acquired subsidiary
76,300Cost of equipment acquired for research and development projects; the
equipment has an alternative future use
86,300Costs of developing a secret formula for a product that is expected to
be marketed for at least 20 years
81,600
(a)
On the basis of this information, compute the total amount to be reported by Marin for intangible assets on its balance sheet at year-end.
Total amount reported for intangible assets
$
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jones Smith Want S To Buy Smithon Manufacturing Because It Is Very Profitable Ri
/in Uncategorized /by developerMr. Jones Smith want’s to buy Smithon Manufacturing because it is very profitable. Right now it has 30 shareholders but no single majority shareholder. It is a C corporation with a fiscal year-end of December 1. In order for me to buy this company, I will need to invest a lot of money in new manufacturing equipment, which means that Smithon will incur a loss for two years. I want to buy the company effective January 1. I think I should buy the company from the shareholders and convert it to an S corporation. Also, I want a fiscal year-end that is also a calendar year-end, i.e., December 31. We should consider whether I could issue shares of stock from Johnson Services which is a C corporation to the shareholders of Smithon in an exchange of shares. That way, the current Smithon owners would become new shareholders (but not owners) of Johnson Services and I would get all their shares of Smithon. If I do so, I could probably offset Smithon’s profits with the losses from Johnson Services.1.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jones Was Engaged To Examine The Financial Statements Of Gamma Corporation For T
/in Uncategorized /by developerJones was engaged to examine the financial statements of Gamma Corporation for the year ended June 30. Having completed an examination of the investment securities, which of the following is the best method of verifying the accuracy of recorded dividend income?a. Tracing recorded dividend income to cash receipts records and validated deposit slips.b. Utilizing analytical procedures and statistical sampling.c. Comparing recorded dividends with amounts appearing on federal information Form 1099.d. Comparing recorded dividends with a standard financial reporting service’s record of dividends.
4. Jones was engaged to examine the financial statements of Gamma Corporation for the yearended June 30. Having completed an examination of the investment securities, which of thefollowing is the…
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Joni Marin Inc Has The Following Amounts Reported In Its General Ledger At The E
/in Uncategorized /by developerJoni Marin Inc. has the following amounts reported in its general ledger at the end of the current year.
Organization costs
$23,300Trademarks
14,700Discount on bonds payable
36,300Deposits with advertising agency for ads to promote goodwill of company
11,300Excess of cost over fair value of net identifiable assets of acquired subsidiary
76,300Cost of equipment acquired for research and development projects; the
equipment has an alternative future use
86,300Costs of developing a secret formula for a product that is expected to
be marketed for at least 20 years
81,600
(a)
On the basis of this information, compute the total amount to be reported by Marin for intangible assets on its balance sheet at year-end.
Total amount reported for intangible assets
$
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jor Issues Emphasized In Corporate Social Responsibility How Are These Issues Re
/in Uncategorized /by developerWhat are the major issues emphasized in corporate social responsibility? How are these issues related to traditional marketing and to the rise of the consumer class? How is sustainability marketing different from conventional marketing, and how is it related to it?
In the current scenario, many businesses are involved in social activities in one form or the other.It is important for the organizations to consider Corporate Social Responsibility, so that they…
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jordan And Jake Each Work During The Summer Jordan Earns 9 Per Hour At Her Job J 1
/in Uncategorized /by developerJordan and Jake each work during the summer. Jordan earns $9 per hour at her job. Jordan also gets a $10 weekly allowance.
Jordan displayed her earnings in a table.
Hours012345678
Earnings101928374655647382
Jake earns $6.50 per hour at his job. Jake also gets a $15 weekly allowance.
Jake displayed his earnings in a graph.
How many hours will it take for Jordan and Jake to earn the same amount of money?
Enter your answer in the box.
hours
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jordan Meadows Lost His Job As An Airline Pilot And Has Not Been Able To Find An
/in Uncategorized /by developerJordan Meadows lost his job as an airline pilot and has not been able to find another job as a pilot. Since he is old enough to be eligible for his pension, he decides to retire and devote himself to caring for his elderly parents, According to the Bureau of Labor Statistics, Jordan is:
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jordan Motors Inc Opens A Dealership In Frankfurt Germany Selling American Cars
/in Uncategorized /by developerJordan Motors, Inc. opens a dealership in Frankfurt, Germany, selling American cars. In its advertising campaign, Jordan claims that for the next two weeks only, it will beat the price on any comparable German car by 500 Euros. Faced with this threat to its market share, Hartman Autos, A.G. slashes its prices to cost. Andrea Giebbels comes to Jordan’s showroom with a written quote of Hartman’s price for its bottom-of-the-line German car and demands that Jordan sell her twenty of its bottom-of-the-line cars for a substantial loss. Jordan refuses. If Fraulein Giebbels brings a cause of action against Jordan, will she be able to enforce Jordan’s offer? If Hartman sues, can it have Jordan’s advertising campaign enjoined?
this is international business law.
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jorge And Anita Married Taxpayers Earn 85 000 In Taxable Income And 5 000 In Int
/in Uncategorized /by developerJorge and Anita, married taxpayers, earn $85,000 in taxable income and $5,000 in interest from an investment in City of Heflin bonds. Using the U.S. tax rate schedule for married filing jointly, how much federal tax will they owe? What is their average tax rate? What is their effective tax rate? What is their current marginal tax rate? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
SolutionFederal Income tax = 16, 687.50 + 25% (85,000-75,301)= 19,112.25Average tax rate= Total Tax/Taxable income=19,112.25/85,000=0.22485*100%=22.485%Effective Interest Rate= Total…
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jorge Is A 4 Year Old Boy Who Is An Only Child Living With Both Parents Who Work
/in Uncategorized /by developerJorge is a 4 year old boy who is an only child living with both parents who work fulltime jobs so he spends his afternoon at his grandma’s house playing video games until his parents pick him up. Jorge’s parents shared that his pediatrician noticed that Jorge’s weight is above average for his age and height. You notice that he does not play with other children on the playground and has a hard time waking up from naps. During story time he is always yawning and laying on the carpet and at snack time is lunch box is full of sugary snacks.
In your paper,
The Nutrition Issues paper
For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.)Links to an external site..
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"
Jorge Is Married And Their Combined Household Income Is 250 000 Jorge Is Covered
/in Uncategorized /by developer11. Jorge is married and their combined household income is $250,000. Jorge is covered by his employer’s retirement plan. Jorge does not have a traditional IRA or a Roth IRA. He would like to contribute $5,500 to a Roth IRA. Which of the following do you recommend that Jorge do?
a. Contribute $5,500 to a Roth IRA
b. Contribute $5,500 to a traditional IRA, claim a $5,500 deduction, and convert to a Roth IRA
c. Contribute $5,500 to a traditional IRA and then convert it to a Roth IRA
d. All of the above are equally good recommendations
"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"