2) Mary invested $17,000 today for 5 years to earn interest at 8% compounded quarterly. Future value factor of a lump sum 20
periods and 2% interest in 1.4859, for 5 periods and 8% interest in
1.4693, whereas the future value annuity factor for 5 periods and
8% is 5.8666. What is the future value of $17,000?
A) $25,260.3
B) $24,978.1
C) $99,732.2
D) None

Goods and services that can be used for the same purpose are and goods and services that are used together are

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?