Business, 23.04.2021 03:40 quickestlearner5694
Products reported a write-down loss of for one of its plant assets on 31, . The asset is currently held for disposal. At 31, , the fair value of the asset increased by . Can record a recovery? Prepare the journal entry to record the recovery if it is permitted. Determine whether can record the recovery. can cannot can record the recovery since the asset is held for disposal, but only up to the previously recognized write-down. because U. S. GAAP does not permit firms to reverse write-down losses on assets held for disposal. because it exceeds the prior period write-down loss. for the total increase in fair value since the asset is held for disposal. since the asset is held for disposal, but only up to the previously recognized write-down. Now, prepare the journal entry to record the recovery if it is permitted as of 31, . (Record debits first, then credits. Exclude explanations from any journal entries. If no entry is required, enter "No entry required" on the first account line and leave the remaining cells blank. Check your spelling carefully and do not abbreviate.) Account December 31, 2019
Answers: 2
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
Business, 22.06.2019 19:40
Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries
Answers: 3
Business, 22.06.2019 20:20
Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
Answers: 3
Business, 23.06.2019 00:30
Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?
Answers: 1
Products reported a write-down loss of for one of its plant assets on 31, . The asset is currently...
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