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Breeanna Sundberg
Answers (6)
BS
Answered
Which of the following statements about asset impairments is false?
A) Asset impairment loss is the difference between an asset's net book value and its estimated future cash flows.
B) If an asset is impaired,a loss would be recognized in the period it can be estimated.
C) Impairment will lead to writing down the asset's net book value.
D) Asset impairment occurs when the estimated future cash flows are less than the asset's net book value.
A) Asset impairment loss is the difference between an asset's net book value and its estimated future cash flows.
B) If an asset is impaired,a loss would be recognized in the period it can be estimated.
C) Impairment will lead to writing down the asset's net book value.
D) Asset impairment occurs when the estimated future cash flows are less than the asset's net book value.
On Jul 26, 2024
A
BS
Answered
Fees Earned
A) Assets
B) Liabilities
C) Owner's Equity
D) Revenue
E) Expenses
A) Assets
B) Liabilities
C) Owner's Equity
D) Revenue
E) Expenses
On Jul 25, 2024
D
BS
Answered
At the Larson Bakery the marginal products of the first, second, and third sales clerks are 30, 27, and 21 customers served, respectively. The total product (number of customers served) of the first two sales clerks is
A) 6.
B) 17.
C) 57.
D) 78.
A) 6.
B) 17.
C) 57.
D) 78.
On Jun 26, 2024
C
BS
Answered
What is the main sustainability activity that organisations are currently engaged with? Are there any further sustainability activities that some organisations might be engaged with? If so what goals are these organisations trying to achieve? Provide examples in your answer.
On Jun 25, 2024
While many organisations are most occupied with extending the productive life of organisations and maintaining high levels of corporate performance, an increasing number of organisations are actively addressing three other sustainability activities that seek to: (i) maintain decent levels of welfare for present and future generations; (ii) enhance society's ability to maintain itself to solve its major problems; and (iii) enhance the planet's ability to maintain and renew the biosphere and protect all living species. The goals organisations may be seeking through engaging with these three issues may be to create 'shared value'. This allows organisations to increase productivity and profits through engaging with sustainability activities. Interface, for example, are pursuing a 'shared value' goal of zero emissions. Through eliminating waste, recycling and developing environmentally friendly production processes, products and services Interface is able to reduce their footprint on our planet.
BS
Answered
Income that cannot be associated definitely with operations, such as a gain from the sale of a fixed asset, is listed as Other Income on the multiple-step income statement.
On May 27, 2024
True
BS
Answered
According to the classical dichotomy, which of the following increases when the money supply increases?
A) The real interest rate
B) The real GDP
C) The real wage
D) The nominal wage
A) The real interest rate
B) The real GDP
C) The real wage
D) The nominal wage
On May 26, 2024
D