You should put the following words in the blank: Role conflicts. Sorry for the 20 minute wait.
Answer:
Loss on impairment 3,200,000 debit
accumulated depreciation 3,200,000 credit
Explanation:
I would assume we must record for the impairment at December 31th 2014 as the equipment current book value is
cost 9,000,000
acc dep <u> (1,000,000)</u>
book 8,000,000
fair value 4,800,000
book <u>(8,000,000)</u>
loss 3,200,000
beween the expected future value of the cash flow and the fair value we pick the fair value as the company expect to sale the equipment not to continue operation with it.
Positivity, Solution Oriented, Specific, and Private.
Answer: e. The expected return is a weighted average of the returns where the probabilities of the economic states are used as the weights.
Explanation:
When calculating the expected return of a stock given the probabilities that different economic states would occur and the returns of the stock should those states occur, we use the probabilities as weights to get the weighted average of the returns given. This is the expected return.
Formula looks like this:
Expected return = (Probability that economy is good * return if economy is good) + (Probability that economy is average * return if economy is average) + (Probability that economy is poor * return if economy is poor)
