According to a study by a prominent think tank, the defense budget of Country X might, in five years time, fund more than 70 billion dollars annually for research and development, equivalent to private grants. a. equivalent to private grantsb. equivalent to that which is provided by private grantsc. equal to what private grants provided. as much as private grantse. as many as private grants provide

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?