Answer:
$35,000
Explanation:
Under IAS 36, an asset is said to be impaired where the carrying amount is more than the recoverable amount.
The recoverable amount is the higher of the fair value less cost to sell or the value in use which is the present value of the expected future cashflow.
Given that;
Carrying Amount = $120,000
Selling Price = $80,000
Costs of Disposal = $5,000
Hence fair value less cost to sell = $80,000 - $5,000 = $75,000
Expected Future Cash Flows = $90,000
Present Value of expected future cash flows = $85,000 ( this is the value in use)
Recoverable amount = $85,000 (since the value in use is higher that the fair value less cost to sell)
This is lower than the carrying amount hence the asset is impaired.
Impairment = $120,000 - $85,000
= $35,000
Answer:
-0.325
Explanation:
The computation of the price elasticity of demand using mid point formula is shown below:
= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)
where,
Change in quantity demanded is
= Q2 - Q1
= 98 - 108
= -10
And, average of quantity demanded is
= (98 + 108 ) ÷ 2
= 103
Change in price is
= P2 - P1
= $27 - $20
= $7
And, average of price is
= ($27 + $20) ÷ 2
= 23.5
So, after solving this, the price is -0.325
Answer:
Alfred North Whitehead was a philosopher and mathematician, but, with that kind of insight on the subject of change, he could have been a CEO. Today’s business leaders have to worry about addressing customer needs in a fast-paced environment impacted by social, economic, political and cultural shifts. In today’s business environment, the ever-looming presence of change is pretty much the only thing that stays the same.
The problem is, no one likes change.
Time-lapse photo of a clock showing the minutes changing.
Change, like the passing of time, is unavoidable
Organizations and their managers have to learn how to anticipate and implement change effectively. Managers need to find ways to overcome their employees’ natural aversion to change, because managing change effectively can mean the difference between staying in business and becoming irrelevant to their customers. The first step in managing change effectively is to understand what change is and where it comes from.
Organizational change is the transformation or adjustment to the way an organization functions. Organizations adjust to small changes all the time, possibly looking to improve productivity, responding to a new regulation, hiring a new employee, or something similar. But on top of these little adjustments we make at work all the time, there are larger pressures that loom over us, like competition, technology, or customer demands. Those larger pressures sometimes require larger responses.
Answer:
a. Interest Expense 6,000 Interest Payable 6,000
Explanation:
Adjusting entries are accounting journal entries that convert a company's accounting records to show when the money changed hands and to convert your real-time entries to entries that reflect your accrual accounting system.
In Allenson Brick Company, the accrued expenses entry is made to record interest expense in the year that has not been paid yet by the entry:
Interest Expense 6,000
Interest Payable 6,000
You must be able to not only stay calm in worst case situations but do the job properly. example: someone had sadly drown, You need to be calm despite the terror of whoever made the call. you must talk them on how to preform C.P.R and call a ambulance. You can't sound panicked at all and must be kind. You must act as though even if seeingly the person is dead, make it sound like they will live without exactly saying it. This could cause panic and have a possibly life threatening issue.