Business, 14.12.2019 07:31 meep26wesley
Chadwick enterprises, inc., operates several restaurants throughout the midwest. three of its restaurants located in the center of a large urban area have experienced declining profits due to declining population. the company’s management has decided to test the assets of the restaurants for possible impairment. the relevant information for these assets is presented below.
book value $ 7.5 million
estimated undiscounted sum of future cash flows 4.5 million
fair value 4.0 million
required:
1. determine the amount of the impairment loss. (enter your answer in millions rounded to 1 decimal place, (i. e., 5,500,000 should be entered as 5.
2. determine the amount of the impairment loss assuming that the estimated undiscounted sum of future cash flows is $7.8 million and fair value is $5.5 million.
Answers: 3
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Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital
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Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
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Business, 22.06.2019 20:20, cjp271
Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine
Answers: 1
Chadwick enterprises, inc., operates several restaurants throughout the midwest. three of its restau...
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