Answer: The investment is written down to fair value, and only the credit loss component of the impairment loss is recognized in net income.
Explanation: The fair value of the debt is simply its value if you adjust the price of the debt so that a buyer would be earning the market rate of interest. If the fair value of a debt investment that is classified as an available-for-sale investment declines for a reason that is viewed as "other than temporary" because the company has incurred a credit loss on the investment then the investment is written down to fair value, and only the credit loss component of the impairment loss is recognized in net income.
Answer: I think its D
Explanation: because they have the power to to tax, make enforce laws, and charter banks
Answer: The Answer is False
Explanation: Your welcome :)
Answer:
B) $ 485 $ 170
Explanation
The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.
So the cost of goods manufactured is $ 630 - $ 145 = $ 485.
The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.
so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.
Due on sale provision. Loans that remain outstanding after the Closing may be declared due at any time by the Lender, as acknowledged by the Parties. There will be no liability for any adverse effects of acceleration on any party. This is further explained below.
<h3>What is a clause in a sales?</h3>
Generally, A clause defines the scope of the contract and the circumstances under which it may be enforced.
In conclusion, It's a "due on sale" clause. The parties acknowledge that any debts that remain outstanding after the closing date may be declared due by the lender at any time. Acceleration will not be held against either party, and both parties promise to protect the other from any damage that may result.
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