Answer:
No impairment loss would be reported
Explanation:
The computation is shown below;
Impairment loss = carrying value - recoverable amount
Where,
The recoverable amount would be the higher amount of fair market value and value in use
So the recoverable amount would be $2,545,000
Now the impairment loss is
= $2,500,000 - $2,545,000
= -$45,000
Since the impairment loss comes in negative so no impairment would be recorded
I believe the answer is B! Let me know if I am right:)
Ethics is the branch of philosophy that explores the nature
of moral virtue and evaluates human actions. Philosophical ethics differs from
legal, religious, cultural and personal approaches to ethics by seeking to
conduct the study of morality through a rational, secular outlook that is
grounded in notions of human happiness or well-being. A major advantage of a
philosophical approach to ethics is that it avoids the authoritarian basis of
law and religion as well as the subjectivity, arbitrariness and irrationality
that may characterize cultural or totally personal moral views. (Although some
thinkers differentiate between "ethics," "morals,"
"ethical" and "moral,")
Answer:
Tzs 540
Explanation:
The selling of Tzs 475 results in a 5% loss.
It means Tzs 475 represents 95% of the cost price.
The cost price is equal to 100%.
If 95% = Tzs 475, 100 % = ?
=Tzs475/95 x 100
=Tzs 5 x 100
The cost price =Tzs500
To make 8% profits, the selling price will have to be
=Tzs 500 +( 8/100 x 500)
=Tzs 500 +( 0.08 x 500)
=Tzs =500 + 40
=Tzs 540
Answer:
.b This is a bilateral contract, and Mark is entitled to nothing because he did not perform
Explanation:
The contract is bilateral as obligation to perform exist for both parties.
Helen is obligated to pay the reward to the person who finds the cat and bring her home.
As Mark didn't find the cat it didn't perform (find the cat) Helen is not obligated to payup the reward for Fluffy
