Answer:
(A) $3,200.
Explanation:
cost 600 replacement cost = market cost = 400
lower market 400
8 computers x 400 = 3,200
<u>Notice:</u> Under the lower-of-cost-or-market we can only recognize impairment. We cannot increase the value of assets under this method.
Answer:
d. globalization
Explanation:
-Industrialization is the process of transforming an economy to focus on the manufacturing activity.
-Neoliberalization is a process that has the goal of transfering control of the economic factors to the private sector and it involves: free market trade and fewer regulations in the financial markets.
-Migration refers to the movement of people from one place to another one to work and live.
-Globalization is the process in which technology, information, people, jobs are shared through borders and it has generated more integration between people and cultures around the world.
According to this, the process that has intensified the exchange and diffusion of people, ideas, and goods worldwide, creating more interaction and engagement among cultures is globalization.
Answer:
1.1 years
Explanation:
The currents credit score is 560
the credit score is increasing by 12% per year is
=12% of 560
=12/100 x 560
=0.12 x 560
=67.2
The required increase is 70 points
the years it will take = 70 points /67.2 points
=1.041 years
= 1 year and one month
Answer:
Marjam's entry to record this transaction should include a c. Credit to Long-Term investments for $63,600.
Explanation:
Marjam investment in MacKenzie is a Financial Asset. A financial Asset is an obligation to receive cash.
Marjam will be paid a cash dividend based on the share of ownership it has in MacKenzie.
Share of Ownership = 63,600 shares/ 120,000 outstanding shares
= 53%
<u>Marjam's entry to record cash dividends is as follows </u>
Dividend = $120,000 × 53%
= $63,600
Debit : Bank $63,600
Credit : Long-Term investments $63,600