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Question - Alphonso Inc. has recently purchased equipment with a book value of $1,800,000, but according to IFRS, it is assessed for impairment on an annual basis. The equipment is assumed to have the useful life of 7 years with no salvage.
Assume the following cash flows occur at the end of each year
Years
Cash Flow Estimate
1-3
$240,000
4-6
365,000
7
425,000
Assuming Alphonso uses the discount rate of 6 for the calculations, what should be the fair value of the asset? Justify your answer according to the provisions of IFRS.
Discuss the benefits and risks of going public. Given the risks and rewards, examine Panera's financial information
anaconda mining company shipped 9000 tons of copper concentratefor 450000 in march and 11000 tons for 549000 in
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