Technique co. has equipment with a carrying amount of $1,600,000. the expected future net cash flows from the equipment are $1,630,000, and its fair value is $1,360,000.

the equipment is expected to be used in operations in the future.

what amount (if any) should technique report as an impairment to its equipment?

a. no impairment should be reported. b. $240,000c. $30,000d. $270,00

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.