Answer:
The value of the intangible will remain at $350,000
Explanation:
The reason is that the International Accounting Standard IAS-36 says that once the impairment is recognized for the intangible assets it can not be reversed which means that the amount reported would be $350,000. The reason is that it is very rare that the asset gain its value and specially those which are intangible assets. Most of the management in the 1990s-2000 tried to recognize a gain on impairment which was unjustifiable to increase their profits for the period so the standard specifically didn't permitted gain on a previously impaired asset.
Hey there,
The word (interest) is when you borrow money but there is a little more money you have to add because of the fact that you took there money. So it is basically a charge on your self because you borrowed, they also need to make profit.
Your correct answer would be <span>a charge for the convenience of accessing money stored in your bank account.</span>
Answer:
11.3%
Explanation:
O'Brien has the following data
rRF= 5%
RPM= 6%
b= 1.10%
Therefore the cost of equity can be calculated as follows.
= 5% + 6%(1.05)
= 5% + 6.3
= 11.3%
Hence the cost of equity is 11.3%
Answer:
detailed information from owners and the applying company
Explanation:
Banks require detailed information from the loan applicant and their company. The information is useful in assessing the applicant's eligibility for a loan. When issuing loans, a bank is concerned about the borrower's ability to repay. For this reason, the need will require the applicant to state the loan's purposes, how they intend to repay, income tax information, and the collateral to be provided.
The applicant has to give detailed information to convince the bank that they should get the loan.
Researching the company beforehand can help you come up with an impressive response to this question while also helping you learn more about why you're interested in this position. When you spend time gathering information about the company, you'll be better prepared to answer this question.
