On september 30, 2021, corso steel acquired a patent from thermo steel. the agreement specified that corso will pay thermo $1,000,000 immediately and then another $1,000,000 on september 30, 2023. an interest rate of 8% reflects the time value of money for this type of loan agreement. (pv of $1, pva of $1) (use appropriate factor(s) from the tables provided.) corso should record the acquisition of the patent on september 30, 2021, for what amount?

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?