Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. eurofoam llc issued 8,000 shares of omr 10 each in

Eurofoam LLC issued 8,000 shares of OMR 10 each in order to procure a patent...

60.1K

Verified Solution

Question

Accounting

Eurofoam LLC issued 8,000 shares of OMR 10 each in order to procure a patent of the latest technology developed by Oxfom LLC. The original cost of the patent was OMR 82,000. The market values of the shares issued by Eurofoam LLC stood OMR 11.5 each. What shall be the value of the patent in the books of Eurofoam LLC?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the following sets of sample data A 20 347 20 327 22 117 21...

Statistics
Q

Average Total Payments $7,605.44 $7,861.23 $7,291.77 $7,264.79 $7,537.16 $8,010.86 $7,316.82 $7,421.40 $8,594.81 $6,993.72 $6,905.37 $6,832.44 $7,015.00 $7,394.07 $7,054.60 $7,491.51 $7,504.30 $8,663.12 $10,985.44 $7,482.67 $7,676.57 $6,884.62 $7,440.25 $7,421.67 $9,764.10 $7,107.36 $7,728.79 $11,497.33 $8,713.97 $8,621.84 $7,726.40 $6,679.73 $7,066.34 $13,435.10 $6,912.62 $7,526.55 $8,441.81 $6,787.02 $8,633.87 $6,812.10 $6,881.70 $8,568.06 $7,648.96 $7,954.37 $8,031.93 $8,091.48 $6,860.73 $7,100.69 $7,197.31 $7,703.08 $7,185.20 $7,321.56 $8,528.78 $10,414.00 $6,489.25 $7,218.42 $6,646.68 $7,577.64 $8,419.36 $7,135.96 $7,495.96 $7,485.07 $6,884.68 $7,941.81 $8,122.57 $7,944.23 $8,175.08 $8,014.70 $7,603.22 $7,408.60 $7,737.51 $8,373.15 $7,349.52 $7,928.17 $7,268.87 $8,167.19 $6,547.92 $7,005.88 $6,885.49 $6,726.93 $6,607.64 $6,681.15 What percentage of Average Total Payments is less than $7,000? What percentage of Average Total...

Basic Math
Q

La Famiglia Pizzeria provided the following information for the month of October: a. Sales are budgeted to...

Accounting
Q

A geo eostationary satellite is orbiting the earth at a height of 5R above that...

Physics
Q

A business estimates that the value V(t) of a certain piece of office equipment is...

Basic Math
Q

8 Suppose the angle formed by the line y 3x and the positive x axis...

Calculus
Q

A vehicle purchased for 29800 depreciates at a constant rate of 17 each year Its...

Algebra
Q

A company had net sales of $31,000 and ending accounts receivable of $3,200...

Accounting
Q

Year 1 December 16 Accepted a(n) $11,000,60-day, 9% note in granting Danny Todd...

Accounting
Q

The issue of correlation is critical to the level of diversification in a portfolio. There...

Finance
Q

Assume you are in the 25 percent tax bracket and purchase a 5.4 percent municipal...

Finance
Q

A large corporate customer approaches your bank for a US$20 million loan at a fixed...

Finance