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Vinil7 [7]
3 years ago
12

Beerbo Inc. traded a used truck for a small computer. Before this exchange of non-monetary assets (ENMA), Beerbo's balance sheet

show the used truck at a cost of $30,000 with an accumulated depreciation balance of $27,000. The fair value of the small computer was $37,000. Beerbo also paid $36,000 in the transaction. Assume the ENMA has commercial substance. What is the total fair value given by Beerbo in this transaction
Business
1 answer:
rjkz [21]3 years ago
4 0

Answer:

the total fair value given by Beerbo in this transaction is $73,000

Explanation:

According to IAS 16 :

If the Exchange of Non Monetary Asset is of Commercial Substance, the Asset Acquired is measured at Fair Value of Asset given up.

When Fair Value of Asset Acquired is more evident the Asset Acquired is measured at Fair Value of Asset Acquired.

<u>Total Value Given Up:</u>

Fair value of the small computer $37,000

Add Cash                                       $36,000

Total Value                                    $73,000

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Thailand has a comparative advantage in rice and an absolute advantage in cell phones Indonesia has a comparative advantage in c
Aleonysh [2.5K]

Answer:

d. Thailand should export rice and import cell phones

Explanation:

Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.

To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.

The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.

The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.

3 0
3 years ago
Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc
Lelu [443]
I think the answer is C, Scarcity.

But it depends, are you talking about plants or the consumer market? Because there also is specialization that occurs in flora species as well.

But I hope this helps!
6 0
4 years ago
Read 2 more answers
True or false? you have to be careful because other people will try to steal your idea.
Elanso [62]
True rather be safe then sorry
7 0
3 years ago
Kimona Company hired you as a consultant to help estimate its cost of common equity. You have obtained the following data: D0 =
nlexa [21]

Answer:

-2.23%

Explanation:

The formula to compute the cost of common equity under the DCF method is shown below:

= Current year dividend ÷ price + Growth rate

In first case,

The current dividend would be

= $0.85 + $0.85 × 5%

= $0.85 + $0.0425

= $0.8925

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $20 + 5%

= 0.044625 + 0.05

= 9.46%

In second case,

The price would be $40

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $40 + 5%

= 0.0223125 + 0.05

= 7.23%

The difference would be

= 7.23% - 9.46%

= -2.23%

4 0
3 years ago
Lesson 7-1 single payment loans
kondaur [170]

Explanation:

The whole principal plus any debt shall be paid by a single payment lender on the same day the lender expires. Instead of multiple instalments, individual interest loans concurrently calculate the full rate.

When should a single payment loan be considered?

If your loan amount of money is high, if you choose a single payment, you will pay a lower interest.

You might, for example, save $12,000 and try to spend $10,000 on shopping like a holiday or a bell. You don't want to deplete your savings because you have a single credit for payment. This can save more money in the future you will pay $10,000 for the loan without dropping the bank account.

3 0
3 years ago
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