Answer:
correct option is a. No impairment should be reported
Explanation:
given data
carrying amount = $1,600,000
net cash flows = $1,630,000
fair value = $1,360,000
to find out
amount report as an impairment to its equipment
solution
we know that here impairment loss is carrying amount - higher of fair market value and value in use ..................1
here recoverable value is = $1630000
so
impairment loss is = $1600000 - $1630000
impairment loss = - $30000
here loss is negative
so that correct option is a. No impairment should be reported
Answer:
By not discharging the minutes of the FOMC Meeting to Congress and open quickly , keeps up mystery and fends off Congress from questioning and meddling into the procedures of FED. Thus, to take their financial strategy choices freely without noting somebody quickly . It can follow a free money related approach that is less dependent upon expansion and political business cycles .
FED doesn't turn out to be progressively clandestine and free in light of the fact that eventually of time FED is responsible to the Congress and open for its strategies .
Answer:
False is the correct answer.
Explanation:
Answer:
Because it provides support but no tangible goods. ... Because it provides tangible goods
Explanation:
Answer:
Margin of safety is a principle of investing in which an investor only purchases securities when their market price is significantly below their intrinsic value. ... Alternatively, in accounting, the margin of safety, or safety margin, refers to the difference between actual sales and break-even sales
