Question
On January 1, 2016, Charlie Corporation acquires all of the net assets of Rocky Corporation for $2000000. The following intangible assets are included in the
On January 1, 2016, Charlie Corporation acquires all of the net assets of Rocky Corporation for $2000000. The following intangible assets are included in the purchase agreement:
Assets Acquisition Cost
Goodwill and going concern value $105000
Licenses $45000
Patents $ 60000
Covenant not to compete for 5 years $120000
What is the total amount of amortization allowed in 2016?
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Performance Audit Department Of Highways Preconstruction And Construction Activities
Authors: Montana. Legislature. Office Of The Legi
1st Edition
1175365823, 978-1175365828
