Answer:
The answer is: E. all of the above
Explanation:
An economy is in macroeconomic equilibrium when the total spending in the economy (aggregate expenditures) equals the gross domestic product.
For example, if aggregate expenditure is lower than the GDP, then inventories will rise (due to unsold goods), leading to a decrease in the GDP and higher unemployment.
On the other hand, when aggregate expenditures are higher than the GDP, then inventories will shrink, leading to an increase in the GDP and lower unemployment.
Fixed-cost pricing
Incremental analysis
Breakeven analysis
Ratio analysis
The two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the actual/365 day method.
The 12-month/360 day method assumes each month contains 30 days, regardless of how many days are actually in a month.
This method is generally used for mortgage payments. The actual/365 day method considers the actual number of days in each month and accounts for leap years.
This method is generally used when prorating taxes, insurance, or rent.
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b. False
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