Answer:
a) Decrease goodwill by $13,000
Explanation:
In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.
Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.
<span>True. Vertical space can be used for more storage space, however in most storage units only fifty percent of the total storage is not utilized. Using vertical space will increase the storage space</span>
Answer: Microeconomics is the study of changes in price in the price of commercial real estate.
Explanation:
Microeconomics is the study of the behavior of individuals, households and firms in making decisions and the allocation of resources. Microeconomics deals with individual issues and applies to the markets of products. In microeconomics, the economy is studied at an individual level. Examples of microeconomics are demand, price level, supply and competition.
Apart from Microeconomics is the study of changes in price in the price of commercial real estate(option A), every other options deals with the economy as a whole. The other options are macroeconomic issues and not microeconomic issues.
<span>The better-watered volcanic islands, where the economy is based on agriculture, are known as high islands. A high island is also know as a volcanic island. To be classified as a high island the island itself must be of volcanic </span>origin. Low islands differ from high islands in that they have formed from volcanic activity and usually do not have any activity present.
Answer:
Usually, the government can achieve the same outcome either by setting a price with a corrective tax or by setting a quantity with pollution permits for any given demand curve for the right to pollute. But If there is a sharp improvement in the technology for controlling pollution for any given demand curve for the right to pollute, the effect of this development is a change in the demand for tradeable pollution rights as illustrated below.
Explanation:
Trading pollution rights has opened up a thriving market system for its demand by firms that emit carbon di oxide and other forms of air/water pollution to the environment.
This is where the exchange of permits or "rights" to release pollution residuals into the environment takes place.
These pollution permits is be bought and sold in by industries and government respectively .
Prices would vary according to the forces of supply and demand The total number of permits would be based on the amount of permissible pollution residuals that can be safely released into the environment during a given period of time. These permits could be given away or auction off to potential polluters, in most cases the highest bidder.
Suppose there is a sharp improvement n Technology for controlling pollution such as
- industrial process machines that eliminates air pollution by collecting and recycling the harmful substance that should have escaped into the atmosphere for use or even for sale when the need for it has been discovered thereby reducing or controlling pollution.
- a mechanism that protects the environment by conserving and protecting natural resources while strengthening economic growth through more efficient production in industry and less need for households, businesses and communities to handle waste.
The demand for pollution rights will drastically reduce.