User Account

All Pages

How much is the impairment loss

Assignment Help Financial Accounting
Reference no: EM132803961

Question - On December 31, 20x1, the land of ATTAINDER DISHONOR Co. with an original cost of 32,000,000 was appraised at 48,000,000. On December 20x4, the land was appraised at 28,000,000. How much is the impairment loss in 20x4?

a. 20,000,000

b. 4,000,000

c. 2,800,000

d. 0

Reference no: EM132803961

Questions Cloud

What is your role in health promotion : As we are talking about social media, it's ultimately about reforming our approach to health communication. As a DNP-prepared nurse, what is your role in health
Determine annual interest and principal payment : You borrow $10 million from the bank and you make quarterly payments over 8 years. Determine annual interest and principal payment for year 5
Develop a written implementation plan using given details : The assignment will be used to develop a written implementation plan. For this assignment, provide a synopsis of the review of the research literature.
Plot the mole fractions of ethane and ethylene : What would you change in order to maximize the selectivity to ethylene while keeping the conversion at or below this value
How much is the impairment loss : On December 20x4, the land was appraised at 28,000,000. How much is the impairment loss in 20x4
What the simple rate of return for the investment is : What the simple rate of return for the investment (rounded to the nearest tenth of a percent) is: (Round your answer to 1 decimal place.)
Calculate the reduction required in cost to meet target cost : The production cost of this product (L2) currently comes around $ 300 per unit. Calculate the reduction required in cost to meet the target cost per unit
Gainsharing plans in hospitals : How could performance standards be developed for gainsharing plans in hospitals, banks, insurance companies, and so forth
How the dividend included a liquidating dividend of : How the P5,000,000 dividend included a liquidating dividend of? ABC Corporation declared a cash dividend P5,000,000 to shareholders of record

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd