1. All of the following may be considered intangible assets except:

Accounts receivable.

Franchises.

Copyrights.

Goodwill.

2. When shares of stock are sold from one investor to another, they will trade at:

Stated Value.

Book value.

Market value.

Par value.

3.Land is purchased for $200,000. Additional costs include a $13,500 fee to a broker, a survey fee of $2,400, $2,050 to construct a fence, and a legal fee of $9,100. What is the cost of the land?

$224,650

$225,000

$200,000

$227,400