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Arte-miy333 [17]
3 years ago
10

In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset

would be compared to:
Business
1 answer:
Vitek1552 [10]3 years ago
7 0

In measuring an impairment loss for a financial asset under U.S. GAAP and under IFRS, the carrying value of the financial asset would be compared to:

under U.S. GAAP Fair value and under IFRS recoverable amount.

Explanation:

In US GAAP, the cost of financial asset depreciation is calculated as the difference between carried value and fair value; in compliance with IFRS, a loss of financial asset impairment is defined as the difference between carrying value and the percentage of the asset that can be recouped.

In compliance with US-based ASC 360-10-35-20. The recovery of a historically identified impairment loss (or "restoration") is forbidden because an item is deemed to have a new cost base after an impairment loss has been registered.

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Which type of life policy would best suit someone who retires in good health with a large amount of cash, whose investment goals
Naddika [18.5K]

Answer:

Single premium whole life insurance

Explanation:

<u>Single premium whole life insurance</u> is the most suitable sort of life plan that accommodates someone who retires in good fitness with a huge amount of money, whose financing purposes remain conventional. Single-Premium Whole Life (SPL) is a sort of life assurance in which a big amount of money is spent toward the protection plan in replacement for a death advantage that is completely promised to remain paid-up continuously till thou die.

4 0
3 years ago
Which of the following statements concerning humus is not true? is typically found above the B soil horizon is readily leached f
SVEN [57.7K]

Answer:

Humus is readily leached from the B horizon in weakly acidic, soil solutions.

The above statement is not true.

Explanation:

Humus is formed from the <em>action of microbes on decaying plant and animal substances</em> and is found at the topsoil (A horizon) <em>above the subsoil (or the B horizon)</em>.

It has a characteristic dark brown color and contains high amount of nutrients and is <em>usually found in warm humid regions.</em>

6 0
4 years ago
Which of these 12 do you feel would build the biggest social connections in the work place and why?1. Formal statements 2. Sloga
statuscvo [17]

Answer:

The twelve are all important mechanisms for embedding organizational culture, but personally, I believe the following are the most important ones when you are referring to social connections between coworkers:

  • 3. Rites and rituals PART OF THE ORGANIZATION'S CULTURE AND VALUES
  • 4. Stories, legends, and myths PART OF THE ORGANIZATION'S CULTURE AND VALUES
  • 5. Leader reactions to crises LEADERS ARE SPECIALLY NEEDED WHEN THINGS ARE NOT GOING WELL, AND LEADERSHIP CAN UNITE A GROUP
  • 6. Role modeling, training, and coaching IT IS VERY IMPORTANT FOR THE PERSON BEING TRAINED TO BE ABLE TO UNDERSTAND HOW THE ORGANIZATION'S CULTURE WORKS
  • 7. Physical design OPEN LAYOUTS ARE GOOD FOR SOCIAL CONNECTIONS.
  • 11. Organizational structure HORIZONTAL ORGANIZATIONS FOSTER SOCIAL CONNECTIONS AND EQUALITY WITHIN THE ORGANIZATION

Explanation:

Social connections at work refer to how coworkers relate to each other and they are the backbone of the company's culture. Social connections are positive because they can increase your psychological well-being (we are all social animals that need to feel that we belong), your physical health and your work productivity.

6 0
3 years ago
The framers of the constitution wanted ________ to choose the president and vice president.
dangina [55]

Answer:

Electoral College

Explanation:

Hope this Helps! :)

5 0
2 years ago
7. Becker Products is a manufacturer and distributor of numerous food products. The company has a book value of $19.15 per share
tiny-mole [99]

Answer:

$60.32

Explanation:

The intrinsic value of a company is the theoretical value of any company and is essentially the price that investors would want to pay given the level of risk associated with an investment in the company. Intrinsic value is  calculated commonly from an investment appraisal standpoint whereby an investor may determine whether a stock is undervalued or overvalued or an investor may put a price on a stock that is not openly traded. There are multiple approaches towards calculating intrinsic value. The most comprehensive approaches are the ones that solely focus on "company centric" factors such as sales levels, cash flows, costs, discount rates and so on and so forth. This is commonly known as the discounted cash flow model in which you calculate the present value of all future cash flows of the company. Since this model is complicated to use, there are other approaches to calculate sort of a "back of the hand" intrinsic value. An example of such an approach is the relative/comparative valuation approach in which you calculate the price an investor would be willing to pay using examples of other similar instruments that an investor has made and assuming that a similar price would be paid for this investment as well.

The question at hand refers to a method known as the comparable company analysis in which an industry ratio is used to derive the price of Becker Products. So, the Price to Book value for the industry is given as 3.15 for the industry. Using comparative analysis we will assume that this ratio is the same for Becker (since it operates in the same industry and this is the industry average so the actual ratio should be close to the average). Formula for calculating PB is PB = Price per Share/Book Value per share. We have PB as 3.15 and Book Value per Share as 19.15. Re-arranging the formula becomes, Price per Share = PB x Book Value per Share = 3.15 x 19.15 = $60.32.

So we can estimate that, <em>relative </em>to the industry, the equity per share can be estimated as $60.32 per share which is the price investors would be willing to pay for the level of risk in the company.

Again, this is simply an <em>estimation</em> of the intrinsic value. Not the actual intrinsic value since the factors involved are external and industry specific. Discounted cash flows methods are better adopted to calculate the intrinsic value.

5 0
3 years ago
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