The following information relates to the intangible assets of university testing services (uts): on january 1, 2021, uts completed the purchase of heinrich corporation for $3,255,000 in cash. the fair value of the net identifiable assets of heinrich was $2,950,000. included in the assets purchased from heinrich was a patent valued at $103,500. the original legal life of the patent was 20 years; there are 12 years remaining, but uts believes the patent will be useful for only nine more years. uts acquired a franchise on july 1, 2021, by paying an initial franchise fee of $288,000. the contractual life of the franchise is 8 years.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?