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 -

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u.s. parent on bank deposits held in london d. interest received by a u.s. parent on a loan to a subsidiary in mexico e. principal repayment received by u.s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u.s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.