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Svetlanka [38]
4 years ago
10

Presented below are two independent cases related to available-for-sale debt investments. Case 1 Case 2 Amortized cost $41,640 $

91,800 Fair value 32,220 102,220 Expected credit losses 27,360 83,660 For each case, determine the amount of impairment loss, if any.
Business
1 answer:
netineya [11]4 years ago
5 0

Answer:

Case 1 = $9,420

Case 2 = 0

Explanation:

Determining the amount of impairment loss is given below:-

Case 1

Impairment loss = Amortized cost - Fair value

= $41,640 - $32,220

= $9,420

Case 2

Impairment loss = Amortized cost - Fair value

= 91,800 - $102,220

= 0

Since, the fair value is higher than Amortized cost so the value of Impairment loss in case 2 is 0.

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To reduce the size of your car payments, many experts recommend making a down payment of at least <u>20%</u> percent.

Most experts argue that 20% is a pretty large payment but over time it will make your car payments much smaller

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3 years ago
The difference between the small business owner and the entrepreneur is that the entrepreneur:A. manages the businessB. files ta
Oksanka [162]

Answer:

E. is accurately described by all of the above

Explanation:

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3 years ago
If you were wrongfully put
Neko [114]

Answer:

If you were wrongfully put  into an insane asylum, how  would you convince them  that you're actually sane and  not just pretending to be  sane? Why?

When one seeks for an asylum, at that moment in time there is no choice of the location or group of people it could be once it is far away from war zone or trouble or danger zone where one can find peace at least. Then if it is an insane asylum, the only way to prove of his sanity by doing what is termed as wrong, i mean doing what seems to others as wrong which would depict his sanity that is different from others. while pretending to be like others that are insane would only paint such an individual as insane as well because it would take time to prove such not to be insane.

Explanation:

3 0
3 years ago
The U.S. dollar depreciates. Explain which of the following events could have caused the depreciation and why. a. The Fed interv
sertanlavr [38]

Answer:

a. The Fed intervened in the foreign exchange market and sold dollars.

When the Fed intervenes and supplies dollars in the foreign exchange market, the amount of dollars in the market will rise and the law of supply and demand concludes that when the supply of something increases relative to its demand, it will lose value. The US$ will therefore lose value.

c. People began to expect that the U.S. dollar would depreciate.

If people expect the US$ to depreciate, they will take action to protect themselves from this depreciation by selling off their dollar assets for instance. This would lead to excess dollars in the market which would then lead to the US$ depreciating as explained above.

8 0
3 years ago
One year ago, you purchased a stock at a price of $19 a share. You recently received an annual dividend of $1.2 a share. Today,
FromTheMoon [43]

Answer:

6.32%

Explanation:

Data provided in the question

Purchase price of share = $19 per share

Annual dividend per share = $1.20

Selling price per share = $17 per share

So, by considering the above information

The formula and the dividend yield on this investment is shown below:

= (Annual Dividend per share) ÷ (Initial price per share) × 100

= $1.20 ÷ $19 × 100

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3 0
3 years ago
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