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Title: On January 1, 2010, Charlie Corporation acquires all of the net assets of Rocky Corporation for ... Post by: Augustus1 on Jan 9, 2017 On January 1, 2010, Charlie Corporation acquires all of the net assets of Rocky Corporation for $2,000,000. The following intangible assets are included in the purchase agreement:
Assets Acquisition Cost Goodwill and going concern value $105,000 Licenses $ 45,000 Patents $ 60,000 Covenant not to compete for five years $120,000 What is the total amount of amortization allowed in 2010? A) $15,000 B) $22,000 C) $31,000 D) $38,000 Title: Re: On January 1, 2010, Charlie Corporation acquires all of the net assets of Rocky Corporation for ... Post by: MsLippy on Jan 9, 2017 Content hidden
Title: Re: On January 1, 2010, Charlie Corporation acquires all of the net assets of Rocky Corporation for ... Post by: Augustus1 on Mar 19, 2017 I needed this so bad, I'm laughing right now from happiness
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