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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 The fair value of the computers is estimated to be $119,500 because of their outdated technology.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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What can occur as a result of not having an innovation and planning iteration?
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There will be no time to plan, demo, and improve together if there is no invention and planned iteration.

The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.

Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by  team as a set of committed Iteration Goals.

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8 0
2 years ago
Why do people need to buy and sell products or services answers?
blagie [28]
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4 0
3 years ago
The largest country in the eu, in terms of population,
laila [671]
The largest country in the EU is Germany. It makes up almost 16% of the European Union's population.
5 0
4 years ago
the government believes that the equilibrium price is too low and tries to help almond growers by settinga price floor at Pf. Wh
musickatia [10]

Answer: D) B

Explanation:

The Producer Surplus refers to the area below the Price Floor but above the Supply Curve and left of the new Quantity supplied. It comprises of areas B and E.

Before the Price Floor was introduced, area A, B and C were the Consumer Surplus as they were above the price but below the Demand Curve.

After the Price Floor was introduced however, area B has become a Producer Surplus.

7 0
4 years ago
On July​ 1, 2019, Montana Company has bonds with balances as shown below. Bonds Payable 66,000 Discount on Bonds Payable 3,800 I
Otrada [13]

Answer:

Loss on the retirement of $4,750

Explanation:

The following have the effect on the income statement which is a loss on the retirement and it amounts to $4,750

It is computed as:

Loss on retirement = Retirement value of the bonds - Issued price of the bonds

= $71,150 - $66,400

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Issued Price of bonds = Face value - Discount on bonds payable

= $70,000 - $3,600

= $66,400

7 0
3 years ago
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