Answer:
d. 42%
Explanation:
The percentage increase in cost of goods sold is calculated as:
⇒ <u>Current Year</u> - 1
Base Year
,⇒ <u>1,700,000</u> - 1
1,200,000
⇒ 41.66% or 42%.
Answer:
$20 million
Explanation:
Data provided in the question:
Book value of assets in 2005 = $1,200 million
Fair value of assets in 2005 = $955 million
Book value of assets in 2006 = $720 million
Fair value of assets in 2006 = $700 million
Now,
Impairment Loss = Fair value - Carrying value of Net assets
or
Impairment Loss
= Fair value of assets in 2006 - book value of assets in 2006
= $700 million - $720 million
= - $20 million [ Here, the negative sign means a loss]
Hence,
Impairment loss of $20 million
<span>The term “base material” with respect to masonry fasteners</span> refers to concrete, brick or block.
Concrete anchors are used to solve concrete fastening problems.
Answer:
production.
Explanation:
Based on this model, households earn income when firms purchase resources from them. Households own labor (individuals' work) and capital (savings and investments) resources.
Firms earn income when households purchase goods and services from them.