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Marrrta [24]
3 years ago
7

Your company rents computers to local businesses and schools. You have 4,000 computers with a book value of $185,000. As a resul

t of changing technology, your computers are more difficult to rent so you must drastically reduce your rental price, which causes a decrease in estimated future cash flows. The fair value of the computers is estimated to be $119,500 because of their outdated technology.
Your company should report an asset impairment loss of $______.
Business
1 answer:
andriy [413]3 years ago
6 0

Answer:

47,000

Explanation:

Impairment Loss = Book Value − Fair Value

$180,500 − $133,500 = $47,000

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7 0
3 years ago
What are examples of financial goals? Check all that apply.
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Answer:

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3 0
3 years ago
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kondor19780726 [428]

what is your question ??

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5 0
2 years ago
Consider the following​ statement: ​"An increase in supply decreases the equilibrium price. The decrease in price increases​ dem
pochemuha

Answer:

The correct answer is option A.

Explanation:

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The statement given in the question is false. A change in demand is caused by a change in other factors while the price of the product remains the same. The change in price affects the quantity demanded.

5 0
3 years ago
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rewona [7]

Answer:

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