1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetlanka [38]
3 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]3 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.

You might be interested in
Money pooled from small investors and used to purchase government or corporate bonds
Amanda [17]
Purchase government of course
8 0
3 years ago
Johnson Trucking Company wants to determine a fuel surcharge to add to its customers' bills based on the number of miles driven
BARSIC [14]

Answer:

Variable cost per unit= $1.16 per mile

Explanation:

Giving the following information:

January 16,200 $22,650

February 17000 $23,250

March 18400 $25,450

Apri 16500 $22,875

May 17400 $23,550

June 15300 $21,850

<u>To calculate the variable cost per mile under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (25,450 - 21,850) / (18,400 - 15,300)

Variable cost per unit= $1.16 per mile

7 0
3 years ago
stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s
m_a_m_a [10]

Answer:

$99.09

Explanation:

Calculation for What is Tricki's expected price when it begins trading ex-rights

Using this formula

Expected price=Stock rights-on- [ (Stock rights-on-Subscription price)÷(10 rights+ One share)]

Let plug in the formula

Expected price=$100-[($100-$90)÷(10+1)]

Expected price=$100-($10÷11)

Expected price=$100-$0.91

Expected price=$99.09

Therefore Tricki's expected price when it begins trading ex-rights will be $99.09

3 0
3 years ago
Which of the following tasks in the AFIstrategy framework involves putting the formulated strategy into practice through organiz
ahrayia [7]

Answer:

The answer is B.strategy implementation

Explanation:

Implementation involves putting the formulated strategy ; organizational design, structure, culture, control

3 0
3 years ago
What type of management decision was involved when Toyota Motor Co. announced a recall of millions of units of its cars because
Levart [38]

Answer:

non-programmed decision

Explanation:

Based on the information provided it can be said that the type of management decision that is being described is known as a non-programmed decision. This is a decision that are rare and lack strict guidelines for how they should be made or handled. They usually occur in dire situations and are made out of desperation to reach a solution to a major problem as quickly as possible.

3 0
3 years ago
Other questions:
  • Threadless allows customers to submit their own designs and to vote on which designs they would like to see printed on a T-shirt
    11·1 answer
  • That portion of corporate profits which is included in personal income is: dividends corporate income taxes consumption of fixed
    11·1 answer
  • If sales are $540,000, expenses are $440,000 and dividends are $50,000, what is the balance of income Summary prior to closing?
    12·1 answer
  • Gavina places products in several of the marketing channel categories. two examples of this are placement in​ mcdonald's in​ a(n
    9·1 answer
  • Market efficiency Financial theorists have identified two different types of efficiency in financial markets. The first, informa
    11·1 answer
  • Why is investing important in an economy?
    6·1 answer
  • I will give you fifty five point if you make Brainliest me but if you don't and it's just a scam I'm going to report you and the
    14·1 answer
  • Whereas ______________ are willing to violate procedures and operate outside normal channels, ______________ gather hard data an
    5·1 answer
  • A client would like to implement a management information system that integrates all functional areas within an organization to
    13·1 answer
  • A company with 100,000 authorized shares of $7 par common stock issued 46,000 shares at $16. Subsequently, the company declared
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!