Answer:
the amount of the impairment loss is $50,000
Explanation:
The computation of the amount of the impairment loss is shown below:
Impairment loss = Purchase price of trade marks - Estimated fair value
= $70,000 - $20,000
= $50,000
Hence, the amount of the impairment loss is $50,000
The same should be considered and relevant
Cost of Goods Sold 85
Answer:
Cost of Goods Sold 70 Inventory 70
Explanation:
For recording the inventory in the book of accounts, we consider the cost or net realizable value whichever is lower
According to the question, the inventory unit for A would be recorded at $655, and the inventory unit for B would be recorded at $505 as these reflect the lower cost.
The journal entry is shown below:
Cost of goods sold A/c $70 ($575- $505)
To Inventory A/c $70
(Being adjusted entry recorded)
consumption
investment
investment is the correct answer thanks
Answer:
A) Profitability index.
Explanation:
Based on the scenario being it can be said that the most appropriate tool to use in this specific situation would be a Profitability index. This is a ratio that weighs the payoff to the investment of a specific project. It is allows individuals to rank projects on the amount of value that they will be getting from them. Thus allowing you to choose the most optimal projects in situations such as this one.
B: collects taxes
C: enforces antitrust laws
D: imposes price floors and ceilings
E: carries out fiscal policy
Answer:
A: provides public goods
B: collects taxes
C: enforces antitrust laws
D: imposes price floors and ceilings
E: carries out fiscal policy
Explanation:
The government is an economic player responsible for regulating the environment so that transactions are executed securely and benefit everyone. Therefore, the government regulates the markets to prevent the occurrence of trusts. The government is also responsible for providing public goods, which are the assets of the whole society, such as squares and parks, and is also responsible for conducting fiscal policy, which consists of tax collection and public spending through investments. Some governments also set price caps or floors for certain goods, such as gasoline. However, this is not a well-evaluated policy. Ideally, the government should not interfere with the prices of goods and services.
Answer:
sorry need koren po ng point kasi mag a ask lang din nmn po ako thnks po:(