Answer:
a. true
Explanation:
The PGA, indeed, operates in two distinct divisions: The PGA of America serving amateur players and the PGA Tour catering to tour professionals. It also schedules events like the PGA Championship Tour, PGA Tour Canada, and the Web Tour.
The statement saying that the PGA operates as two divisions: one that governs the club professionals who serve amateur players and another, known as the PGA Tour, that governs the tour professionals, and schedules events such as the PGA Championship Tour, PGA Tour Canada, and the Web Tour is true.
The PGA, Professional Golfers' Association, is indeed a divided entity. The PGA of America is committed to promoting the game of golf at the local level and providing support to golf professionals serving amateur players. The PGA Tour, on the other hand, organizes the main professional golf tours played primarily by men in the United States and North America. Events under the PGA Tour include the PGA Championship Tour, PGA Tour Canada, and the Web Tour.
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Answer:
interest revenue 13,095.1
Explanation:
We will calcualte the loan interest:
first year
machine value x interest rate = interest revenue first year
250,000 x 10% = 25,000 interest revenue for the first year
cuota - interest = amortization
144,049 - 25,000 = 119.049 amortization
carrying value
250,000 - 119,049 = 130.951
second year
carrying value x interest
130,951 x 10% = 13,095.1 interest revenue for the second year
amortization
144,049 - 13,095.1 = 130.953,9
For the second year, the interest revenue will be of 13,095.1
Answer:
The $400,000 should be a result of the acquisition of the in-process research and development activities
Explanation:
Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature
The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.
The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.