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

question 198

Multiple Choice

Given the following account balances at year end, compute the total intangible assets on the balance sheet of Kepler Enterprises. $\begin{array}{lr}\text { Cash } & £ 1,500,000 \\\text { Accounts Receivable } & 4,000,000 \\\text { Trademarks } & 1,000,000 \\\text { Goodwill } & 3,500,000 \\\text { Research Costs } & 2,000,000\end{array}$

• A) €10,500,000
• B) €6,500,000
• C) €4,500,000
• D) €8,500,000

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