Multiple Choice
Amazing Company acquires a trade name from Fantastic Ltd. Amazing estimates it will receive $ 7,200 per year from the name over the next 9 years. Using a discount rate of 4%, what is the value in use to Amazing of this trade name?
A) $ 45,528
B) $ 58,398
C) $ 53,534
D) $ 55,676
Correct Answer:
Verified
Correct Answer:
Verified
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