Ask question

Ask question

All categories

4 years ago

7

"IFRS uses a fair value test to measure impairment loss. However, IFRS does not use the first-stage recoverability test under GA

AP - comparing the undiscounted cash flow to the carrying amount. As a result, the IFRS test is"

1 answer:

stiv31 [10]4 years ago

3 0

Answer:

As a result, the IFRS test is more strict than U.S. GAAP.

You might be interested in

Cho wanted to sell her custom jewelry made in China to the U.S. market, but she didn’t have a lot of capital to get started, nor

allsm [11]

Answer:

licensing

Explanation:

Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.

3 0

4 years ago

Read 2 more answers

Your company issued 1,000, 3.8% bonds (face value of each bond is $1,000) at 101.8250 on July 1st, 2019. The bonds are due on Ju

Soloha48 [4]

Answer:

In this problem, 3.8% coupon bearing bond of $1,000 each has been issued. Total 1000 bonds are issued. Each has been issued at 101.8250%. So total amount realized on issue is $1,018,250. It is the value of bond calculated at market rate. Value of a bond is the sum of the present value of cash flows. Here bond has 5 years duration. Interest is paid semiannually. So after every six month, interest payable is -

Calculate present value of 10 such semiannual payment plus principal amount payable at the end of 5th year. Add them. The amount will be current issue price of bond.

So premium amount at the time of issue is-

This premium will be amortized in 5 years period along with each semi annual interest payment is made. So on maturity, no premium amount will be left.

Here amortization will be made at effective rate. Here effective rate will mean market rate. It is 3.4% i.e. 1.7% semi annually. This effective rate is applied on carry balance of bond. Carry balance of bond is nominal value of bond plus unadjusted portion of premium.

Consider the table below. It shows calculation of effective interest rate. First effective rate is 1.7% on carry value of $1,018,250. It is $17,310. But interest actually payable is $19,000. So difference is amortized portion of premium. It is-

This amortized portion will reduce premium balance. So effective carry value of bond in the book will be

Second semiannual effective interest will be 1.7% on $1,016,560. This process will continue for 10 such semi-annual payments. Thus after 10 payments, premium account will have zero balance. Only $1,000,000 balance will appear in 3.8% bond account. It will be finally paid off by debit in 3.8% bond account and credit in cash account.

Explanation:

3 0

3 years ago

You should research the ______________ of a career to learn about its long-term growth and stability.

Vitek1552 [10]

If you're interested in a career's long-term growth and stability, you should investigate what the average wage is. Thus, option (C) is correct.

<h3>What is the investigation?</h3>

A detective's job is to conduct investigations. Private investigators conduct investigations. A criminal investigation is the study of facts used to track down an alleged criminal and establish his or her guilt. The division of the British Police responsible for criminal investigations is where plainclothes detectives work.

The average pay, on the other hand, is calculated by dividing the total number of salaries by the total number of salaries. For illustration, let's take a look at three employees with wages of $20,000, $30,000, and $50,000 each. Currently, the average pay is 33,333 and the median wage is 30,000.

Therefore, Thus, option (C) is correct.

Learn more about the investigation here:

brainly.com/question/7721379

#SPJ1

6 0

1 year ago

How much does it cost to ship furniture to the philippines answers?

Svetlanka [38]

It's all depends on from where you are shipping the furniture from

3 0

4 years ago

What is the Total expected equity financing for Amazon’s purchase of Walmart, at the assumed 50-50% equity and debt financing de

Serggg [28]

Answer:

The correct solution is "$241,356".

Explanation:

The given values are:

Share price,

P0 = 140.50

Acquisition premium,

p = 20%

Diluted shares outstanding,

N = 2,863 MM

Now,

For Amazon, the purchase price every share will be:

⇒ $P=P0\times (1 + p)$

On putting the values, we get

⇒ $=140.50\times (1 + 20 \ percent)$

⇒ $=168.60$

The purchase consideration will be:

= $P\times N$

= $168.60\times 2,863$

= $482,702 \ MM$

So that,

The total equity financing expected will be:

= $Purchase \ consideration\times Percentage \ of \ equity \ financing$

= $482,702\times 50 \ percent$

= $241,351 \ MM$ ($)

Thus the above is the correct answer.

7 0

3 years ago