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.
Answer:
The given statement is "False".
Explanation:
- Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake.
- Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.
It is given that Daniel Dino restaurant owes employees' salaries of $15,000. It means the salary is payable to the employees and if Daniel Dino restaurant has not recorded the salary expense, then it needs to record an adjusting entry for the same.
To record the adjusting entry, the Salary expense shall be debited and Salaries payable shall be credited with the amount owed. The adjusting entry shall be as follows:
Salaries Expense Debit $15,000
Salaries Payable Credit $15,000
(Being adjustment made for salaries payable)
The main sections on a statement of cash flows include:
- Cash flow from operating activities.
- Cash flow from investing activities.
- Cash flow from financing activities
<h3>What is cash flow?</h3>
It should be noted that a cash flow simply means the net amount as well as the cash equivalent that is transferred in a company.
The amount of money a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities (CFO).
It should be noted that Cash flow from operating activities, ash flow from investing activities, and the cash flow from financing activities are the important sections.
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Answer:
I would expect prices to fall and music production to increase.
Explanation:
Duopoly is a market structure in which there are only two producers. Monopoly, in turn, is a structure in which there is only one producer. In that case, Bieber and Rihana made a cartel, collusion to dominate the market as a monopolist, as a monopolist they can charge a higher price, and produce a smaller amount. By undoing the cartel, both will again compete in price and quantity, so prices tend to fall and the amount of music produced increases.