Answer:
The amount of the impairment loss for this asset is <u>$110,000</u>
Explanation:
A assets is impaired when the fair market value of that assets lowers than the book value of the asset.
To calculate the impairment of an assets following formula is used
Impairent = Book value of Asset - fair market value of the asset
Placing values in the formula
Impairent = $700,000 - $590,000
Impairent = <u>$110,000</u>
Answer:
b) Brittany will pay more because she must pay the entire bill since she has not met her deductible while Brandon will have part of his bill paid by his policy.
Explanation:
since Brandon only $150 as the maximum amount his plan provides for a visit to any specialist, Brittany will have to pay more since Once she has met the deductible, the policy will cover the full cost of her visits.
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Answer: See explanation
Explanation:
A supply chain refers to the network of people, firms, resources, technology etc that are involved in product creation and sale.
Based on the question, the unique problems that one can anticipate in the supply chain can be due unforeseeable events. For example, the uncertainties in this case can be disease of plants, bad weather, interstate regulations etc.
To remedy the problem, it's vital to have a weather forecast that's up-to-date. This can help in anticipating the challenges and then determining the best transportation routes to take.
Based on the international trade concept, comparative advantage is the ability to produce goods at a cheaper cost than competitors, and it is important in international trade because it enhances resource allocation.
<h3>What is Comparative Advantage?</h3>
Comparative advantage is a term that is used to describe the country's capacity to manufacture a specific good or service at a lower opportunity cost than its trading partners.
Usually, Comparative advantage is utilized to explain why companies, countries, or individuals can profit from the trade.
<h3>Importance of International trade</h3>
- It helps countries to allocate resources for more gains
- It helps countries to produce goods at a cheaper cost
- It helps the country to specialize in production sectors they have more advantages.
- It helps countries to improve their exportation income.
Hence, in this case, it is concluded that comparative advantage is beneficial to countries when it comes to production in international trade.
Learn more about Comparative Advantage here: brainly.com/question/12291750
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