On december 31, an entity analyzed a finite life trademark with a net carrying value of $750,000 for impairment. the entity determined the following: fair value $700,000 undiscounted future cash flows $740,000 what is the impairment loss that will be reported on the december 31 income statement under u. s. gaap?

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Which of these is an example of innovation?