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kykrilka [37]
3 years ago
6

Look at pic for question and answers.

Business
1 answer:
zubka84 [21]3 years ago
6 0

Answer:

It is decreased by the sale amount

Explanation:

An income statement is a financial statement that communicates a business's profitability. An income statement lists the revenues and expenses incurred by a business in a period.

The sale of a company's asset may result in a loss or profit. A profit is treated as an income to the business, but a loss is an expense. When an asset is sold at a loss, business expenses increase. An increase in expenses reduces profits as reported in the income statement.

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$1266.15

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Ben is a manager and has many responsibilities to fulfill. What should he do to maintain a proper work-life balance?
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In an automobile company, the vice president of research and development wants to plan and coordinate the launch of a new car wi
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Hi,

This type of communication could be interpersonal communication or formal communication

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3 years ago
A tax on suppliers will cause the equilibrium price paid by the consumer to ______ and the equilibrium quantity to ______.
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As of December 31, year 2, a company has an inventory item that was originally purchased for $80 in year 1. The inventory item w
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The net realizable value of the inventory as of December 31, year 2, according to IFRS is <u>$75</u>.

<h3>What is net realizable value under IFRS?</h3>

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Learn more about net realizable value at brainly.com/question/794345

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