Answer: $70,000
Explanation:
Impairment is said to exist if the Carrying amount of an Asset exceeds it's value of Future cashflows.
Calculating the Carrying amount therefore gives,
= Cost - Accumulated Depreciation
= 500,000 - 175,000
= $325,000
$325,000 > $300,000.
The Carrying Value is greater than the future cashflows so Impairment exists.
Impairment is calculated by,
= Carrying Amount - Fair Value
= 325,000 - 255,000
= $70,000
The amount of impairment loss recognized should therefore be $70,000.
The semiannual investment is mathematically given as
R=6.37
<h3>What is
the semiannual investment?</h3>
Question Parameters:
the rate at 9% per year,
to fund an annuity of 20 payments of $200 each, paid every 6 months
Generally, the equation for the Intrest is mathematically given as
i=r/2
Therefore
i=0.045
The amount of annuity
R=6.3739
In conclusion, The semiannual investment would be R=6.37
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brainly.com/question/1305349
Answer and Explanation:
As per the data given in the question,
1)
Fair value per share = $20.4
Number of Share = 2 million
Fair value of award = Fair value per share ×Number of Share
= $20.4 × 2 million
= $40.8 million
2) No Entry
3)
Compensation expense($40.8 million÷4 years) $10.2 million
To Paid in capital - restricted stock($20.4-$10.2) $10.2 million
(Being the compensation expense is recorded)
4)
Fair value per share = $20.4
Share granted = 2 million
(100%-10%) forfeiture rate = 90%
fair value of award = $20.4×2×90%
= $36.72 million
