IFRS allows financial assets with a predictable cash flow to be measured at amortized cost, subject to an impairment test, if the firm's business model is to hold them to collect cash flows from interest and principal payments. Given that reliance on manager intent is a shifting sand upon which to base a measurement approach (Section 7 .2.1), and that management determines the firm's business model, why would a standard setter who wishes to minimize opportunistic manager actions allow the accounting to depend on the firm's business model

You wants to open a saving account. which account will grow his money the most

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers. firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?