<span>Gross domestic product </span>occurs when the amount of of capital per worker increases. The answer is letter A
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1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.
Answer:
d. $7,000.
Explanation:
The computation of the loss recorded due to asset impairment is shown below:
= Book value - fair value
= $35,000 - $28,000
= $7,000
If we consider the building and the patent we see that the estimated cash flows are more than the book value, so no loss on impairment should be taken place
Therefore, only $7,000 should be recorded as a loss on impairment of the asset
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