That's not a question, but the proper answer should be a loan.
Answer:
an unpredictable and long work schedule
Explanation:
Being an entrepreneur requires a lot of effort, passion and time. The most scarce resource of all is time, since not even the richest person in the world can add more hours to a day. An entrepreneur must work a lot in order to make his/her company succeed and a lot of work takes a lot of time. An entrepreneur's work schedule is both unpredictable and extremely long. Such a combination is sometimes terrible for your personal life. That is why many entrepreneurs actually work with their partners, e.g. small businesses are generally run by families. If work will absorb so much of your time, you might share your work with your loved ones.
Answer:
ACME Drilling should record impairment loss of $6.9 million
Explanation:
According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.
In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.
The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.
The answer is C.
If the Federal government prints too much currency an increase in inflation is most likely happen. If you print more money the price of the current goods and services doesn’t change. However, households will have more cash to spend. If there is more cash that is after the same amount goods and services, companies will just put up the prices.