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Business, 02.07.2021 17:50 slbutler2005

Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of $10,500 at the beginning of each of the five years. The fair value of the contract is $48,000. Over the five-year contract period, Gross Inc. will pay interest of:

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Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger ann...
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