GB 518 RANK Let's Do This /gb518rank.com GB 518 RANK Let's Do This /gb518rank.com | Page 33

Is the amount by which the value of a
company exceeds the fair market value of a company's net assets
if purchased separately
Gives its owner the exclusive right to
publish and sell a musical or literary work during the life of the
creator plus 17 years
Question 7. Question :
7% for 60 days is:
The interest accrued on $3,600 at
$36
$42
$252
$180
$420
Question 8. Question :
A machine originally had an
estimated useful life of 5 years, but after 3 complete years, it
was decided that the original estimate of useful life should have
been 10 years. At that point the remaining cost to be depreciated
should be allocated over the remaining:
2 years