Answer:
$0
Explanation:
According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.
Amortized Cost / Book value = $50,000
Market Value = $53,000
Discounted Value = $51,000
There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.
Answer:
B so it said 20 characters tooblong and dont copy th rokffkmf
Answer:
yo question make make no sense
Explanation:
Answer:
the company should produce 5,200 / 0.5 = 10,400 beds, resulting in a gross profit of $3,692,000
Explanation:
The numbers are missing, so i looked them up:
sales price variable costs machine hours
Couches $550 $350 0.333
Beds $750 $395 0.5
total machine hours = 5,200
the constraint here is machine hours, so we must determine the contribution margin per machine hour:
- couches = $200 / 0.333 = $600
- beds = $355 / 0.5 = $710
since the contribution margin per machine hour is higher for beds, then the company should produce 5,200 / 0.5 = 10,400 beds, resulting in a gross profit of $3,692,000
Answer:
The company's cost of preferred stock is 9.08%
Explanation:
To calculate the cost of preferred stock we would use the following formula:
cost of preferred stock = <u> dividend </u>
Price×(1-Flotation)
According to the details of the letter, the dividend is $8.50, the price is $97.50 per share and the flotation is 4.00%
So, cost of preferred stock =<u> $8.50 </u>
$97.50×(1-4%)
= <u> $8.50 </u>
$93.6
= 9.08%. Cost of preferred stock.