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
Answer:
Gain on bond redemption of $4,000.
Explanation:
Based on the information given The appropriate journal entry to record the retirement would include a GAIN ON BOND REDEMPTION of $4,000
Gain on bond redemption of $4,000
[$622,000-($600,000*1.03)]
($622,000-$618,000)
=$4,000
A high uncertainty avoidance ranking indicates that u . s. a . has an excessive tolerance for uncertainty and ambiguity and a low tolerance for uncertainty and ambiguity.
Uncertainty refers to epistemic conditions related to imperfect or unknown statistics. It applies to predictions of destiny activities, to bodily measurements which can be already made, or to the unknown. Uncertainty arises in part observable or stochastic environments, as well as due to lack of expertise, indolence, or both.
Uncertainty is described as doubt. whilst you sense as in case you aren't positive in case you need to take a new process or not, this is an instance of uncertainty. while the economic system is going awful and causing all of us to fear about what's going to show up next, this is an example of uncertainty. Uncertainty is regularly targeted on issues approximately the destiny and all of the terrible matters you can assume occurring. it can leave you feeling hopeless and depressed approximately the times ahead, exaggerate the scope of the troubles you face, and even paralyze you from taking motion to overcome trouble.
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Answer:
loan markets, bond markets, and stock markets
Explanation:
If we want to buy and sell financial assets, be it money, bonds or shares, for example, it is necessary that there are so-called financial markets. We can distinguish 3 different types of financial markets, the difference lies in the type of assets that are traded in each of them
<u>Capital markets
</u>
In this type of market, stocks, bonds and bonds are traded. If we focus on the national level, we can distinguish several capital markets:
The stock market
Second markets for medium-sized companies
The AIAF private fixed income market
The public debt market (state, autonomous communities, municipalities…)
<u>Currency market </u>
In it instruments are bought and sold in different currencies. The most notable corresponds to the purchase and sale of spot and forward currencies
<u>
Money markets or loan markets</u>
In these markets, short-term financial assets are traded, these can be interbank deposits, company notes and treasury bills. These types of markets are also called money markets.