Answer: $9 million
Explanation:
Based on the information given in the question, the amount of the impairment loss that Vegetarian Delights should record will be calculated as:
Book value of division's asset = $34.0 million
Less: Fair value of divisions asset = $25 million.
Impairment loss = $34million - $25million = $9 million
The correct answer is $500.
An adjusted trail balance is prepared at the end of the accounting period. On this statement you will have what the value of the supplies in inventory is on the last day of the accounting cycle. In this example there are $500 worth of supplies left, which is why it is the correct answer.
Answer:
$2,500
Explanation:
The education credit limit is pegged at $2,500 incurred on expenses that are directly connected to enrollment , attendance and other educational activities like tuition , textbooks
The expenses must have been incurred in the tax year or within the first three months of the following tax year.
Although all expenses are related to David's education , but she the can not claim more than the $2500 which is the upper limit.
$15,400
Why:
Original cost is $22,000 and 30% of that is $6,600.
$22,000 - $6,600 = $15,400
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand