<span>The higher rates of depression and suicide could be due to the localities lack of mental health support for depressed individuals. Also, when such towns quickly grow, then turn and essentially fail, there is often a dramatic amount of individuals that lose a large portion of their income. Financial insecurity can be a cause of depression which can then lead to suicide.</span>
Answer:
COGS = $816000
RE = $1542000
explanation:
Getting Corrected Cost of Goods Sold,(COGS.)
equals the sum and substract of inventory, purchases and ending inventory:
COGS = BeginningInventory + Purchases - EndingInventory
COGS = BI + P - EI
The BI given is $840,000. purchases is not available
The EI equals difference between $39000 and $63000
63000 - 39000= $24000
corrected amounts of COGS is
COGS = 840000- 24000 = $816000
the retained earnings can be calculated by
substraction of the value of the retained earning from ending inventory by the end of 2017,
$63000,
RE = 1605000 - 63000 = $1542000
Answer:
The options for answering this question are the following:
to. book value at date of transfer if higher than the fair value at date of transfer
b. cost, regardless of the fair value at date of transfer
c. fair value at date of transfer, regardless of its cost
d. lower of its cost or fair value at date of transfer
The correct answer is c. fair value at date of transfer, regardless of its cost
Explanation:
The fair value is the price that would be received for the sale of an asset or would be paid for the transfer of a liability in an orderly transaction in the main market (or more advantageous) on the date of measurement under market conditions present (i.e. an exit price) regardless of whether that price is directly observable or estimated using another valuation technique.
The main market price (or more advantageous) used to measure the fair value of the asset or liability will not be adjusted by the transaction costs Transaction costs will be accounted for in accordance with other IFRS. Transaction costs are not a characteristic of an asset or a liability; rather, they are specific to a transaction and will differ depending on the way in which An entity performs a transaction with the asset or liability.
Transaction costs do not include transportation costs. If the location is a characteristic of the asset (such as the case, for example, of a quoted raw material), the price in the main (or more advantageous) market will be adjusted for costs, if there would be, which would be incurred to transport the asset from its present location to that market.
Answer:
The fair value of $ 60 comma 000
Explanation:
Although under US GAAP, the basic accounting principle is historical cost principle in which original cost of purchasing assets are used to record most assets, especially fixed assets, despite that there might have been significant rise in their value over time.
However, not all assets are recorded at their historical cost. Financial assets which are intangible such as market securities are recorded in the balance sheet at their fair value. Intangible assets which have impaired are reduced their fair value from the historical cost.
Since investments in equity securities (in Essence Company) by Kyler Shea Productions is an intangible marketable security, the appropriate amount for Kyler Shea Productions to report for these investments on the December 31, 2018 in the balance sheet is fair value of $ 60 comma 000.
Answer:
The circumstance in which a company's managers should seriously consider modifying their strategy to strongly differentiate the company's branded footwear from the offerings of rival companies and achieve a competitive advantage based on a wide selection of 450-500 models/styles and "high" S/Q ratings is:
c) When one or more rivals also produce and market branded footwear having much the same (or higher) S/Q ratings and these rivals are offering higher mail-in rebates and delivering orders for branded footwear to footwear retailers in 1-2 weeks.
Explanation:
S/Q ratings are Athletic Footwear Styling and Quality ratings. The ratings are championed by a consumer group, which undertakes to rate the styling and quality of the footwear of all footwear producers by assigning a styling-quality or S/Q rating of 0 to 10 stars to each company's branded footwear offerings. If the company has the same rating with a competitor and the competitor employs some strategic moves to better its competitiveness, then the company must change its differentiation strategy.