Answer:
Total Current assets = $622,000
Explanation:
<u>Balance sheet (For the year ending)</u>
<u>Current asses Amount </u>
Accounts receivable $220,000
Cash $83,000
Stock $275,000
Finished goods $89,000
Raw materials $94,000
W.I.P $92,000
<u>Prepaid expenses $44,000 </u>
<u>Total Current assets $622,000 </u>
Answer:
The amount of impairment loss should C&R recognize is $6,700,000
Explanation:
According to the given data we have that the book value of division's assets is $28.9 million and fair value of division’s assets is $22.2 million.
Therefore, in order to calculate the amount of impairment loss should C&R recognize we would have to use the following formula:
impairment loss=book value of division's assets - fair value of division’s assets
impairment loss=$28.9 million-$22.2 million
impairment loss=$6,700,000
The amount of impairment loss should C&R recognize is $6,700,000
<span>The economic factor that helped create the Great Depression the most is the allowance of people to buy stocks on a margin. Buying on the margin is simply borrowing money from the brokerage to buy the stock. This allows people to buy more stock than they can afford to. When they get lucky and it pays out all is good, but when the stocks they pick tank, they are left with far more debt than they can affor.</span>
Based on my knowledge, the most likely answer is that there would be no difference in the molecular makeup of the two cells, However, having different functions in the body there might be slight alterations in organelle. Thank you for your question. Please don't hesitate to ask in Brainly your queries.