subject
Business, 22.11.2021 14:00 mrfluff14

Beerbo owns equipment that with an original cost of $450,000 and an accumulated depreciation balance to-date of $190,000. In its impairment analysis, the accounting manager determined that the equipment will generate expected future cash flows of $250,000. Currently, the fair market value of the equipment is assessed at $200,000. If the asset is impaired, by how much must Beerbo credit its EQUIPMENT account

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Gather reliable information to brent make his decision. to gather this information, use newspapers, call insurance companies or look at their web sites, and review consumer magazines and web sites. also, look at the manufacturer web site or for information about gas mileage. list the sources you use and take notes.
Answers: 3
question
Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
Answers: 1
question
Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
question
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
You know the right answer?
Beerbo owns equipment that with an original cost of $450,000 and an accumulated depreciation balance...
Questions
question
Mathematics, 02.09.2020 06:01
question
Mathematics, 02.09.2020 06:01
question
Mathematics, 02.09.2020 06:01
question
Mathematics, 02.09.2020 06:01
question
Mathematics, 02.09.2020 06:01
question
Health, 02.09.2020 06:01
question
History, 02.09.2020 06:01
Questions on the website: 13722363