Given the following account balances at year end, compute the total intangible assets on the balance sheet of Kepler Enterprises. $$\begin{array} { l r }
\text { Cash } & \$ 1,500,000 \
\text { Accounts Receivable } & 4,000,000 \
\text { Trademarks } & 1,000,000 \
\text { Goodwill } & 3,000,000 \
\text { Research \& Development Costs } & 2,000,000
\end{array}$$
A) $10,000,000
B) $6,000,000
C) $4,000,000
D) $8,000,000

Question

Given the following account balances at year end, compute the total intangible assets on the balance sheet of Kepler Enterprises. $$\begin{array} { l r } 
\text { Cash } & \$ 1,500,000 \
\text { Accounts Receivable } & 4,000,000 \
\text { Trademarks } & 1,000,000 \
\text { Goodwill } & 3,000,000 \
\text { Research \& Development Costs } & 2,000,000
\end{array}$$
A) $10,000,000
B) $6,000,000
C) $4,000,000
D) $8,000,000

Quizplus · Accepted Answer

The Answer of Given the following account balances at year end, compute the total intangible assets on the balance sheet of Kepler Enterprises. $$\begin{array} { l r } 
\text { Cash } & \$ 1,500,000 \
\text { Accounts Receivable } & 4,000,000 \
\text { Trademarks } & 1,000,000 \
\text { Goodwill } & 3,000,000 \
\text { Research \& Development Costs } & 2,000,000
\end{array}$$
A) $10,000,000
B) $6,000,000
C) $4,000,000
D) $8,000,000

Given the Following Account Balances at Year End, Compute the Total