Answer:
$20 million
Explanation:
Data provided in the question:
Book value of assets in 2005 = $1,200 million
Fair value of assets in 2005 = $955 million
Book value of assets in 2006 = $720 million
Fair value of assets in 2006 = $700 million
Now,
Impairment Loss = Fair value - Carrying value of Net assets
or
Impairment Loss
= Fair value of assets in 2006 - book value of assets in 2006
= $700 million - $720 million
= - $20 million [ Here, the negative sign means a loss]
Hence,
Impairment loss of $20 million
Answer:
Option E (143) is the appropriate solution.
Explanation:
According to the question,
The modified duration will be:
= 
= 
= 
The percentage change in price will be:
= 
=
(%)
Now,
The EMOD will be:
= 
=
($)
Or,
The EMAC will be:
= 
=
($)
Hence,
⇒ 

⇒ 
Answer:
Total of Xavier's share = $49750
Explanation:
The allocation of net income to both Xavier and Yolonda will be as follows,
Net Income 90000
<u>Interest on Capital:</u>
Xavier(0.15 * 100000) 15000
Yolonda(0.15 * 50000) <u> 7500</u> <u> (22500)
</u>
67500
<u>Salary:</u>
Xavier 22000
Yolonda <u>20000</u> (<u>42000)</u>
25500
<u>Share of remaining profit:</u>
Xavier 12750
Yolonda <u>12750</u> <u>25500
</u>
<u />
Total of Xavier's share = 15000 + 22000 + 12750 = $49750
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