1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
boyakko [2]
3 years ago
8

In measuring an impairment loss, the difference between the asset's book value and its fair value is

Business
1 answer:
aliina [53]3 years ago
5 0

Answer:

"Recognized as an impairment loss"

Explanation:

In measuring an impairment loss, the difference between the asset's book value and its fair value is recognized as an impairment loss. Impairment loss is defined as a loss incurred due to a decrease in an asset's fair market value such that the fair market value of the asset falls below its carrying value.  When an asset's fair market value (the price at which the asset is being sold in the market) falls below its carrying value (acquisition cost when the asset was purchased minus accumulated depreciation), it is said to be impaired.

You might be interested in
Motivating workers through ________ relies on the workers desiring personal growth and having the necessary skills.
dalvyx [7]
Your answer for the problem would be task variety
6 0
2 years ago
Finland Inc has the following Accounts Receivable Aging on March 31 Aging BucketCurrent1-90 days91-180 days181-365 days366 days
NISA [10]

Answer:

$32,250

Explanation:

Aging Bucket       Amount Outstanding

Current                 300,000

1-90 days              180,000

91-180 days          100,000

181-365 days        50,000

366+ days             <u>15,000</u>

Total                      <u>$645,000</u>

<u />

Total accounts receivable at the end of March = $645,000

Percentage uncollectible = 5%

Required reserve at the end of March = Total accounts receivable at the end of March * Percentage uncollectible

Required reserve at the end of March = $645,000*5%

Required reserve at the end of March = $32,250

5 0
3 years ago
Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in hi
kondaur [170]

Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in his store can simplify buyers' purchase decisions. He should also consider that, compared to other IMC alternatives, personal selling is

A) ineffective.

B) overrated.

c) easy.

D) simple.

E) expensive.

Answer:

A) ineffective

Explanation:

Personal selling has to do with marketing that is done by a salesman from the sale of a product/service from the manufacturer to the consumer.

The seller or salesman tries to promote his product through their attitude, appearance, manners and expert knowledge, They try to encourage the customer to buy the product, or at the very least, try the product.

IMC means Integrated Marketing Communications which makes sure that all forms of communications and messages regarding marketing and sales are carefully linked together.

Compared to IMC alternatives, personal selling is ineffective.

8 0
4 years ago
To take advantage of an arbitrage opportunity, an investor would 1) construct a zero-investment portfolio that will yield a sure
Alex_Xolod [135]

Answer:

Both statements I and III are correct.

Explanation:

<u>1.Construct a zero investment portfolio that will yield a sure profit </u>

<u> </u>

<u>3.Make simultaneous trades in two markets without any net investments</u>

7 0
4 years ago
When a bank's loans are written off then the bank's?
VladimirAG [237]
When a bank's loans are written off, then the bank's RESERVES SHRINK WHEREAS ITS DEBTS REMAINS THE SAME. Sometimes, due to unpleasant situations, banks are forced to write off loans which they hand lend out to borrowers and which the borrower are unable to repay. This action reduces the amount of money that the bank has in its reserve.
8 0
4 years ago
Other questions:
  • If there is a sudden influx of various technology formats for the same type of product, consumers may delay their purchase as a
    13·1 answer
  • The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290. The year end is March 31. Jo
    9·1 answer
  • The fact that the words 'whiskey makes you sick when you're well', when arranged differently, 'whiskey, when you're sick, makes
    15·2 answers
  • What will keeping a running list of new words help you do?
    15·1 answer
  • g The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the fo
    7·1 answer
  • The following information is taken from the production budget for the first quarter: Beginning inventory in units 1,200; Sales b
    11·1 answer
  • Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indir
    6·1 answer
  • As workers demand higher wages to produce automobiles, how will this influence the automobile market?
    10·1 answer
  • Which of the following is an example of Frictional Unemployment
    11·1 answer
  • Franklin Investments holds a 15% equity investment in Titans Inc. and treats it as a passive investment. O’Hare Consulting holds
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!