User Account

All Pages

What is the amount of the impairment loss

Assignment Help Accounting Basics
Reference no: EM133062571

Question - On July 1, 20X1 Semiconductor Corp. (SC) purchased a storage facility for $5,000,000 and began depreciating it over 20 years to a nil residual value. SC uses the cost model to account for the facility. At the end of 20X3, there is an indication that the facility may be impaired. An appraisal reveals that the fair value of the building has decreased to $4,000,000. Costs to sell are $20,000. A discounted cash flow valuation results in a value in use of $4,300,000. Is the asset is impaired? If so, what is the amount of the impairment loss?

Reference no: EM133062571

Questions Cloud

Government intervention to guard against systemic risk : 1. Was deposit insurance intended primarily to save depositors from loss or to do so with the bigger goal in mind of preventing bank runs that cause systemic ri
Client proposal on behalf the new firm : Referring to the CFA standard of professional conducts applicable in this scenario, explain whether you and your friends are permitted to respond to client's pr
Calculate the per share price : b) In the second round of VC financing, the entrepreneur is offered an additional $750,000 in return for 10.53% stake. Calculate the per share price under the t
What is free cash flow to the firm : A firm has EBIT of $5 per share and depreciation per share of $1.3. Its tax rate is 24.8%. They have spent $1.52 per share on new capital projects (CAPEX)
What is the amount of the impairment loss : On July 1, 20X1 Semiconductor Corp. (SC) purchased a storage facility for $5,000,000. What is the amount of the impairment loss
What is the intrinsic value of b stock : Analyst Debra Williams must decide whether to invest in one of two stocks (A and B). Both A and B are trading at $100 per share.
Explain what is a cost volume profit analysis : Explain what is a Cost Volume Profit Analysis (CVP). And explain which industries use CVP most often and why is it beneficial to the industry you identified
What is the annual coupon rate : The face value is 1,000. The bond matures in 12 years and pays annual coupons (first coupon will be paid one year from today). What is the annual coupon rate
Compute geometric mean rate of return per year for platinum : In 2011 through 2014, the value of precious metals fluctuated dramatically. Compute geometric mean rate of return per year for platinum

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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