Answer: Financial Notes and Supplementary Schedules
Explanation:
The Financial Notes and Supplementary Schedules is also known as footnotes.
The notes discloses-
a. Assumptions used in the preparation of the financial statements.
b. Discloses accounting policies used in the preparation of the financial statements.
c. Financial instruments been used by the business.
d. Legal matters.
I hope this answers your questions.
Goodluck
A place by which an average viewer is likely to be exposed
to an avant-garde cinema or at least its influence is in commercials. Commercials
are defined as something that is being showed or viewed in radio advertisement or
television by which it emphasizes a message that can be done through acting or
any sort of activity that promotes something.
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Answer:
ShareHolders.
Explanation:
A share holder is the ultimate owner of any company who has invested his share in return of the profits earned.
Hence, this form of social responsibility by Pepsi will portray a positive image of Pepsi in the market and will ultimately help the shareholders in the form of increased revenue due to more sales and high profits.
I hope this helps. Best of Luck.
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
a condition or state of affairs almost beyond one's ability to deal with and requiring great effort to bear or overcome. "grappling with financial difficulties"
