The right answer for the question that is being asked and shown above is that: "TRUE." Consumers have the right to be protected against false and misleading information about goods and services. This statement is true as far as the consumer's right is concerned.
Technology has changed the workplace a lot. First of all, people can work from virtually anywhere where there's internet connection. It means people can work on the go or from home almost all the time. This has allowed many companies to relocate many offices to their staff's homes, leading to substantial cuts in operation costs, to more flexibility and conviviality at the workplace.
Answer:
a) Decrease goodwill by $13,000
Explanation:
In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.
Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.
Answer:
The U.S economy won't fall, but it will have some problems.
Explanation:
Now,
If all manufactures start making their own parts, the U.S Government wont have any customers to buy the resources needed to make a part. These Manufacturers will have to make mines and factories of their own to do this. It is unlikely that manufacturers will make factories or mines to make their own parts because it is going to be a huge project and its going to cost a lot of money which will be a lose-lose situation because both the U.S and the manufacturers are not going to benefit.
Answer:
Debit Delivery truck for $36,000
Debit Machinery acccumulated depreciatio for $11,000
Credit Machinery for $35,000
Credit Cash for $5,000
Credit Gains on disposal of Machinery for $7,000
Explanation:
The entries will be as follows in the book of Haley's Hamburger's
<u>Details Dr ($) Cr ($)</u>
Delivery truck 36,000
Accumulated dep. - Machinery 11,000
Machinery 35,000
Cash 5,000
Gains on disposal of Machinery 7,000
<em><u>To record an exchange of some long-term assets with Barry's Burgerlicious.</u></em>
