Xcompany purchased a patent on january 3, 2017 from y company for $145,000. an attorney drew up the contract between x & y at a total cost of $15,000, which was split equally by the parties. the patent had a carrying value of $90,000 on y’s books. x expects to be able to benefit from the patent for 10 years, after which it is expected to be of little to no value. what will be the carrying value of the patent on x company’s december 31, 2018 balance sheet?

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.

Explain how can you avoid conflict by adjusting