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Question - An entity determined that the electronics division is a cash generating unit. The entity calculated the value in use of the division at P8,000,000. The carrying amounts of the assets are building P5,000,000, equipment P3,000,000 and inventory P2,000,000. The entity also determined that the fair value less cost of disposal of the building is P4,500,000. What is the impairment loss on building?
The convergence process is likely to lead to the acceptance of the IFRS approach. Explain whether or not you agree with this decision.
Create a incremental analysis to determine if Current Designs should purchase the new rotomold oven, assuming that the average price for natural gas
tooltime has a standard of 1.5 pounds of materials per unit at 2 per pound. in producing 2000 units tooltime used 3100
which of the following is an example of a financial performance measure which would be found in a balanced scorecard?
On January 1, 2017, Shay issues $700,000 of 10%, 15-year bonds at a price of 97¾. Please explain the journal entry and why
doug and sue click file a joint tax return and decide to itemize their deductions. the clicks income for the year
Do you think that the management is taking the best course of action for the announcement of the new system? Do you approve of the development process Why
a. what lease assets and lease liabilities does ambercrobie report on its balance sheet? how do we know?b. what effect
Identify two situational pressures in a public company
Host Corporation is authorized to issue 800,000 shares of $7 par value common stock. Journalize the transactions for Horner Corporation
Assuming you have an ordinary annuity that pays $100 at the end of every year for the next 3 years, what is the present value of the annuity
Problem - Flexible Budget and Operating-Income Variances. Determine the following for RTI Company: lexible-budget operating income
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