User Account

All Pages

What is the present value of future cash flows rounded

Assignment Help Financial Accounting
Reference no: EM132500103

Impairment

The Blueberry Phone Company operates a factory to build its Crackberry phone. Technological advances by Blueberry's competitors demolished Crackberry sales. Consequently, management is evaluating the Crackberry factory for impairment as of December 31, 2014. Below are facts about the factory.

Original cost                      $150 million

Accumulated depreciation      65 million

Future cash flows:

2015                              45 million

2016                                  20 million

2017 10                                 million

Question 1: Is factory impaired? Why?

Question 2: What is the present value of future cash flows rounded to $100,000 (Assume the cash is received at the end of each year and use an interest rate of 10%.):

2015

2016

2017

total

Question 3: What is the impairment loss?

Reference no: EM132500103

Questions Cloud

Demonstrate understanding using spatial mapping tools : Demonstrate understanding using spatial mapping tools (QGIS and Mapumental) on how socio-demographic factors affect health care service accessibility
Industrialized countries and income inequality : Although US is the largest economy in the world, some says it is one of the worst income inequal countries among the industrialized countries and Income inequal
What services might a project manager be able to utilize : Discuss the following: As the article points out, the service sector is growing not only within the United States, but globally. What services might a project.
What elk depletion expense is : An independent evaluation estimated the mine's reserves at 7.5 million tonnes. During 2020, Elk extracted 900,000 tonnes. What Elk depletion expense for 2020 is
What is the present value of future cash flows rounded : What is the present value of future cash flows rounded to $100,000 (Assume the cash is received at the end of each year and use an interest rate of 10%.)
What impact the critical path can have on that project : The Critical Path Method is a fundamental topic for all project managers to understand. Provide examples of a project you have been involved with or read about.
Which accounts are incorrect as a result of the errors : Indicate in the table below which accounts are incorrect as a result of these errors at January 1, 2018 and whether those accounts
How may the outcomes change in relation to the application : For this Discussion, select an event, not previously used in the course, which highlights techniques of servant leadership. For the event, consider whether.
Determine the revenue budget for the hospital : Using the weighted encounters, determine the revenue budget for the hospital using the assumptions that the value per weighted encounter is $100

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