Amortization of Intangibles On January 1, Boulder Investments Inc. acquired a franchise to operate a Burger Doodle restaurant. Boulder paid $154,400 for a 10-year franchise and incurred organization costs of $12,000. Required: 1. Prepare the journal entry to record the cash payment for the franchise fee and the organization costs. If an amount box does not require an entry, leave it blank. Jan. 1 - Select - - Select - - Select - - Select - Jan. 1 - Select - - Select - - Select - - Select - 2. Prepare the journal entry to record the annual amortization expense at the end of the first year. If an amount box does not require an entry, leave it blank. Dec. 31 - Select - - Select - - Select - - Select -

Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e. g., 32.16.)

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inv entory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a. prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price. b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

What is used by accountant to analyze transactions ?