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2 years ago

Which of the following is not a benefit of contributing to a retirement

Business

1 answer:

nikklg [1K]2 years ago

6 0

Answer: B! Contributions equalling free money

Explanation: A.PEX

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A corporation issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, a

Mrac [35]

Answer:

$22,000 gain.

Explanation:

Please see attachment

3 0

2 years ago

When is a goodwill impairment loss recognized? a. Annually on a systematic and rational basis. b. Never When both the fair value

gulaghasi [49]

Answer:

The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.

Explanation:

Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.

Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>

7 0

3 years ago

Hammes Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and

Sergio039 [100]

Answer:

c. $191 Favorable

Explanation:

Flexible budget Planning budget Activity variance

Units produced 5,510 units 5,500 units

Revenue $237,481 $237,050

Total Expenses ($207,340) ($207,100)

Net Operating Income $30,141 $29,950 $191 F

<u>Workings</u>

Flexible budget revenue = 5,510 units*$43.10 = $237,481

Planning budget revenue = 5,500 units*$43.10 = $237,050

Flexible budget expenses = $75,100 + $24*5510 = $207,340

Planning budget expenses = $75,100 + $24*5500 = $207,100

4 0

2 years ago

A _________ is generally considered an appreciating asset because it may _________ in value over time.

jeka94

A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

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2 years ago

Read 2 more answers

How is an online bank different from a retail bank? A. Online bank and retail bank refer to the same entity, so there is no diff

kramer

Answer:

B. An online bank has lower operating costs than a retail bank

8 0

3 years ago

Read 2 more answers