Lockout happens when the management initiated the denial of employment during a labor dispute. This is the firm’s attempt to enforce terms of employment upon the group of employees. This is used by the company as a threat to force the unionized workers to accept the firm’s conditions such as lowering their wages.
What does the consumer price index measure? B. the change in prices of specific goods and services over time. The consumer price index is also know as the CPI when reffering to this calculation. The CPI measures the weighted items of specific consumer goods and services by averaging them overtime. The CPI allows for comparison of the same products that consumers use on a daily basis and see how much they are using each year. This lets us know how the economy is doing as it relates to inflation. Inflation is the increase in prices and decline of the purchasing value of money in an economy.
Answer:
Explanation: Only in exceptional cases may inventories be stated above cost according to the Accounting Standards Codification. For instance, precious metals, which have a fixed monetary value with no substantial cost of marketing may be stated at its monetary value, which may be above cost; For agricultural, mineral, and other products that can be substituted for one another and have immediate marketability at quoted prices, it may be difficult to obtain appropriate costs leading to inventory being stated above costs.
Answer: $230,000
Explanation:
In our case,
Undiscounted future cash inflows from the sale of the product = $ 600,000 and
Carrying value of the asset = $ 720,000.
We can come to a conclusion that the benefit we get from the sale of the asset is less that carrying value.
Hence, the asset is said to be impaired.
Therefore,
Impairment Loss = Carrying value - Fair value of the asset
= 720,000 - 490,000
= $230,000.
Answer: ( give brainliest)
both service
Explanation:
