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Patent calculation

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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October 31, 2021 at 12:32 pm #639556
Nikitagarwal
Participant
- Topics: 153
- Replies: 146
Hi Sir,
Hope you are well!
Ques – is from BPP exam kit , “Dexterity Co” in that 4th question why have they only done 6/12 for the medical research done and not as a whole ? I mean the company itself is acquired at the mid year shouldnt it be half year ?
November 7, 2021 at 9:23 am #640137
P2-D2
Keymaster
- Topics: 4
- Replies: 6460
Hi,
They are looking at the value of the patent, which is the $10 million it is worth. It is then amortised for the 6 months, hence the 6/12 applied to the annual amortisation over the eight years.
Thanks
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