Answer:
The impairment loss of $161m is jounalized below:
Account Debit Credit
$m $
m
Loss on impairment 161.00
Goodwill 161.00
Being impairment recorded
The impairment test on Marin division of Santana that gave rise to impairment loss of $161 m found in the attached spreadsheet
Explanation:
Please note excel formula used in each cell.
Answer: $73,380
Explanation: Joyce closed a condo for $366,900.
Putting down 20% of the condo means she puts down = $366,900 @20%
$366,900 @20%= $73,380
While obtaining 80% loan calculated as $366,900 @ 80%
= $366,900 @ 80% = $293,520
From the above calculations Joyce puts down $73,380
Capital goods tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness.
Answer:
c) response more quickly
Explanation:
Teamwork refers to working in collaboration towards attainment of a common goal. Teamwork leads to synergistic gains as the collective group work exceeds the work carried out individually.
Following points highlight the importance of team work in an organization:
- Promotes problem solving skills: Working in a team helps individual develop problem solving skills.
- Improved coordination and communication: Teamwork leads to better familiarity and thus improves coordination.
- Increased efficiency and quicker responses: Teamwork leads to synergistic gains as collective effort exceeds individual effort and also expeditious performance.
- Promotes learning: One to many interactions among team members promotes learning
- Builds a sense of belonging: Since all team members are united by one common goal, teamwork builds a sense of belonging w.r.t organization.
Answer:
The correct answer is letter "C": life is the total cost divided by the total annual depreciation.
Explanation:
The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.
