The impairment write-down to be applied to the cgu is £30,000.
a) calculation of the impairment write-down to be applied to the cgu:
the carrying amount of the cgu is the sum of the carrying amounts of the individual assets:carrying amount of the cgu = goodwill + patent + factory + machinery + inventory
carrying amount of the cgu = £15,000 + £10,000 + £70,000 + £20,000 + £5,000carrying amount of the cgu = £120,000
the recoverable amount of the cgu is the higher of the net present value of the future cash flows (£90,000) and the fair value less selling costs (£96,000 - 10% of £96,000).
recoverable amount of the cgu = max(net present value, fair value less selling costs)recoverable amount of the cgu = max(£90,000, £96,000 - 10% of £96,000)
recoverable amount of the cgu = max(£90,000, £86,400)recoverable amount of the cgu = £90,000
impairment loss = carrying amount of the cgu - recoverable amount of the cgu
impairment loss = £120,000 - £90,000impairment loss = £30,000 b) allocation of the impairment to the factory:
to allocate the impairment to the factory, we need to determine the proportion of the factory's carrying amount relative to the total carrying amount of the cgu.
proportion of impairment allocated to the factory = (carrying amount of the factory / carrying amount of the cgu) * impairment loss
proportion of impairment allocated to the factory = (£70,000 / £120,000) * £30,000proportion of impairment allocated to the factory ≈ £17,500 (rounded to the nearest £100)
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Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in?.
Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in specific product market.
Define Business-level strategies.Business level strategies are the coordinated set of moves and activities made with the goals of providing consumers with value and creating a competitive edge for the company in the specific product or service market by utilizing its core capabilities. It establishes the company's position in the market in comparison to its competitors. Businesses with several businesses, each of which is regarded as a Strategic Business Unit, are the primary focus of business-level strategies (SBU).
It establishes how each Line of Business, or SBU, inside the company will compete in the market. It also focuses on how the company will effectively manage the interests and operations of a particular unit while competing successfully in each of its lines of business.
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Working for the Internal Revenue Service is a career in public safety.
A True
B. False
Answer: Most are so probably A
Explanation:
You can work there and see I don't really know how to explain
Current liabilities are those obligations that are payable within ______ or the operating cycle whichever is ____.
Answer: one year; longer
Explanation:
Current liabilities are those obligations that are payable within one year or the operating cycle whichever is longer.
Current Liabilities are debt that a company owes that are due usually within a year but if the operating cycle of the business is longer then current liabilities will be those owed for the operating cycle.
Examples include; Accounts Payable, Interest payable, Income taxes payable and bank overdrafts.
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Lol, mood. Hi! I am literally so bored to. Anyways hope you have a good day!
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Becoming more efficient and minimizing start-up costs are ways to
A) Increasing net profit
B) Decreasing gross profit
C) Increasing gross profit
D) Decreasing net profit
Becoming more efficient and minimizing start-up costs are ways to Increase net profit. Thus the correct option is A.
What are startup costs?The costs involved in establishing a new firm are known as startup costs. Equipment, registration fees, insurance, and taxes are startup expenses because they are needed when a business is first started up.
The start-up costs of a business should be low as the initial level there is high risk associated with the business. To reduce the startup costs it is important to do proper research and fix a budget for particular things.
After planning and things get implemented it is important to track every operation to minimize the cost and control the functions timely to help to perform efficiently with the resources.
A business can increase its profit margins without compromising quality, sales price, or product sales by improving the supply chain, manufacturing companies, staff, and facilities used in business.
Therefore, option A is appropriate.
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what are the major differences between the outlined business entity options? focus your discussion on sole proprietorships, partnerships (general partnerships and limited partnerships), and llc's. within your discussion please identify the major advantages and/or disadvantages. once you have a good idea of the differences between the entity types, please read the posted fact pattern and answer the following questions. what law should be applied to resolve the dispute over profits? how will profits be distributed? how could this have been avoided? would you recommend that different business entity for the friends?
it is recommended to have a clear and detailed partnership agreement or operating agreement that outlines the roles and responsibilities of each partner/member, the distribution of profits, and the process for resolving disputes.
The major differences between the outlined business entity options are as follows:
1. Sole Proprietorships: A sole proprietorship is the simplest form of business entity where an individual owns and operates the business. The owner is personally responsible for all the business debts and liabilities, and there is no legal distinction between the business and the owner. The major advantage of a sole proprietorship is that it is easy to set up, and the owner has complete control over the business. The major disadvantage is that the owner is personally liable for all the business debts and liabilities.
2. Partnerships: A partnership is a business entity where two or more people own and operate the business. There are two types of partnerships - general partnerships and limited partnerships. In a general partnership, all the partners are equally responsible for the business debts and liabilities, and there is no legal distinction between the business and the partners. In a limited partnership, there are two types of partners - general partners who are responsible for the business debts and liabilities, and limited partners who are only responsible for their investment in the business. The major advantage of a partnership is that it is easy to set up, and the partners can pool their resources and expertise. The major disadvantage is that the partners are personally liable for all the business debts and liabilities.
3. LLC's: A Limited Liability Company (LLC) is a hybrid business entity that combines the advantages of a corporation and a partnership. The owners of an LLC are called members, and they have limited liability for the business debts and liabilities. The major advantage of an LLC is that the members have limited liability, and the business is treated as a separate legal entity. The major disadvantage is that it is more complicated and expensive to set up than a sole proprietorship or a partnership.
In the given fact pattern, the law that should be applied to resolve the dispute over profits would depend on the state in which the business is located. Each state has its own laws regarding business entities and the distribution of profits. Generally, the profits would be distributed according to the terms of the partnership agreement or the operating agreement of the LLC.
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Purchased goods on credit Rs. 2,000 from hari at 10% trade discount
Answer:
SHE / HE HAS PURCHASED GOOD = 2000
CREDIT CARD
DISCOUNT = 10 %
\( \frac{10}{100} \times 2000 \: = \frac{10 \times 20}{1} = 200\)
DISCOUNT YOU GOT IS 200
The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answer:
what do i have to answer?
Explanation:
1. If Julia’s a Cobb-Douglas utility function. A)What are her optimal values of q1 and q2 in terms of income (M), prices (P1 and P2) and the positive constant?
b)What is the marginal rate of substitution between q1 and q2?
The Cobb-Douglas utility function, which has the formula u(x, y) = x a y 1 - a, is one of the most popular. Constant Elasticity of Substitution (CES) utility function is another typical utility function.
The formula for this function is: u(x, y) = (a x r + b y r) 1/r. The consumption levels of two different types of goods, let's say X and Y, are used in place of K and L as inputs when the Cobb-Douglas function is used as a utility function. A utility-maximizing consumer will allocate a piece of their money to good X and a portion to good Y using this utility function.
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true or false: strict liability is imposed on a party regardless of whether that the behavior is negligent or intentiona
True. Strict liability is imposed on a party regardless of whether the behavior was negligent or intentional. This means that even if the party had taken reasonable care in their actions, they could still be held liable for any damages caused.
Strict liability is typically imposed in cases involving hazardous activities, such as manufacturing products or keeping wild animals. In such cases, the plaintiff only needs to prove that the defendant engaged in the activity to hold them liable, regardless of the degree of care they took.
In order to avoid strict liability, it is important to take all reasonable measures to avoid causing harm. This means that any hazardous activities should be carried out safely, with the appropriate training and safety protocols in place. If the party has taken such steps, they may be able to avoid liability if an incident occurs.
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2.1.1 Laterpreting
What is polynomial.?
Answer:
an expression of more than two algebraic terms, especially the sum of several terms that contain different powers of the same variable(s).
\( \huge \boxed{\mathfrak{Question} \downarrow}\)
What are polynomials?\( \huge \boxed{\mathfrak{Answer} \downarrow}\)
Polynomials are often sum of terms that are usually in the form :-\( \huge \sf \: a {x}^{2} + bx + c\)
The powers in a polynomial are non-negative integer powers.Based on the number of terms in a polynomial, there are 3 types of polynomials. They are monomial, binomial and trinomial. Based on the degree of a polynomial, they can be categorized as zero or constant polynomials, linear polynomials, quadratic polynomials, and cubic polynomials.What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders
Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.
The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.
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How does an improvement in productivity affect a business's profit margin?
A. It increases the profit margin by lowering costs.
B. It decreases the profit margin by lowering costs.
C. It decreases the profit margin by raising costs.
D. It increases the profit margin by raising costs.
Answer:
it increases the profit margin by lowering costs
Explanation:
An improvement in productivity affects a business's profit margin as it increases the profit margin by lowering costs. Thus, option A is correct.
What is the profit margin?Profitability is gauged by profit margin. Estimating the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine the gross profit margin.
A company may produce more goods without increasing expenses by boosting productivity. Producing more opens up the possibility of increasing sales, which in turn might boost earnings. In addition to improving overall earnings, higher productivity can raise a company's profit margin.
The profit margin of a company is impacted by an increase in productivity since it lowers expenses and raises the profit margin. Therefore, choice A is correct.
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who wants brainlest i think i spelled it right
Answer:
ill take it lol but whats the catch??
Explanation:
Answer:
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Explanation:
Brainliest...
when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, what type of pricing strategy is the firm employing? multiple choice question. commodity bundling block pricing third-degree price discrimination two-part pricing
The firm is employing the pricing strategy known as two-part pricing. In this strategy, the firm charges a fee for the right to purchase a product, which is the first part, and then adds a per-unit charge for each unit purchased.
which is the second part. Two-part pricing allows the firm to capture both a fixed fee and additional revenue from each unit sold. This strategy is commonly used to increase profitability and maximize revenue by charging customers for the value they derive from the product.
By using two-part pricing, the firm can effectively segment its customers and charge different prices based on their willingness to pay.
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What are five questions you should ask yourself to help you determine the type of health care coverage that is most important to you?
Cheap
Effective
Fast
Options
Safe
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Discuss the main categories of business risk, such as people risks
risks, and environmental risks. Indicate whether each risk is either
external in nature.
Explanation:
Business risk refers to the potential for loss or damage that a company may face due to factors that are beyond its control or due to its own actions. Business risks can be broadly categorized into internal and external risks. Internal risks are those that arise from within the organization and can be controlled by the company, while external risks are those that are beyond the control of the company.
The main categories of business risk are:
Financial risk: Financial risk is the risk of losing money due to various factors, such as changes in interest rates, fluctuations in currency exchange rates, credit risk, and market volatility. Financial risks are external in nature, as they are largely driven by economic and financial factors that are outside the control of the company.
Operational risk: Operational risk is the risk of loss resulting from inadequate or failed processes, systems, or people. This includes risks related to human error, system failures, supply chain disruptions, and regulatory compliance. Operational risks can be both internal and external in nature, as they can arise from within the organization or from external factors that impact the company's operations.
Strategic risk: Strategic risk is the risk of losses resulting from poor business decisions or the failure to adapt to changes in the business environment. Strategic risks are external in nature, as they are largely driven by changes in market conditions, shifts in consumer preferences, and disruptive technologies.
Reputational risk: Reputational risk is the risk of damage to a company's brand or reputation due to negative publicity, scandals, or other events that erode public trust. Reputational risks can be both internal and external in nature, as they can result from the actions of employees or from external factors that impact the company's reputation.
Legal risk: Legal risk is the risk of losses resulting from lawsuits, regulatory fines, or other legal action. Legal risks are external in nature, as they are largely driven by changes in laws and regulations or legal disputes with other parties.
Environmental risk: Environmental risk is the risk of losses resulting from environmental factors such as natural disasters, climate change, or pollution. Environmental risks are external in nature, as they are driven by forces outside the control of the company.
People risk: People risk is the risk of losses resulting from the actions or decisions of employees, including issues related to employee turnover, absenteeism, and misconduct. People risks can be both internal and external in nature, as they can result from the actions of employees or from external factors that impact the company's workforce.
In summary, business risks can be classified into various categories, including financial, operational, strategic, reputational, legal, environmental, and people risks. Some of these risks are external in nature, while others are internal or can be caused by a combination of internal and external factors. A comprehensive risk management strategy should consider all of these categories of risk and should be designed to mitigate the impact of these risks on the company's operations and financial performance.
Forecasting is a process to develop plausible projections of business direction. It requires competitive intelligence and a. Feasible alternatives b. Environmental monitoring c. Competitive analysis d. Alternative strategies`
Forecasting requires competitive intelligence and environmental monitoring, competitive analysis, and alternative strategies.
What elements are required for effective forecasting?Forecasting is a crucial process for developing plausible projections of a business's direction.
To effectively forecast, several key elements are required, including competitive intelligence and a thorough understanding of the business environment.
This entails conducting environmental monitoring to stay updated on market trends, emerging technologies, and regulatory changes that could impact the business.
Additionally, competitive analysis is vital to assess the strengths, weaknesses, opportunities, and threats posed by rival companies.
Lastly, alternative strategies need to be explored to ensure flexibility and adaptability in response to changing circumstances.
By integrating these elements, businesses can enhance their forecasting capabilities and make informed decisions for future success.
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On January 1, 2020, Novak Company purchased at par 5% bonds having a maturity value of $240,000. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. The bonds are classified in the held-to-maturity category.
(a) Prepare the journal entry at the date of the bond purchase.
(b) Prepare the journal entry to record the interest revenue on December 31, 2020.
(c) Prepare the journal entry to record the interest received on January 1, 2021.
(a) Journal entry at the date of the bond purchase:
Debit: Bonds Payable - Held-to-Maturity $240,000
Credit: Cash $240,000
(b) Journal entry to record the interest revenue on December 31, 2020:
Debit: Interest Receivable $12,000
Credit: Interest Revenue $12,000
(c) Journal entry to record the interest received on January 1, 2021:
Debit: Cash $12,000
Credit: Interest Receivable $12,000
(a) When Novak Company purchases the bonds, they would debit Bonds Payable - Held-to-Maturity for the face value of the bonds ($240,000) and credit Cash for the same amount, representing the cash outflow for the bond purchase.
(b) On December 31, 2020, Novak Company accrues the interest revenue earned on the bonds. They would debit Interest Receivable for the interest amount ($12,000) and credit Interest Revenue, recognizing the revenue.
(c) On January 1, 2021, Novak Company receives the interest payment. They would debit Cash for the interest amount ($12,000) and credit Interest Receivable, reducing the amount owed from the bond issuer.
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What is one benefit to working collaboratively on a team?.
Answer:
Each person gets to contribute in their own way.
If the Federal Reserve uses expansionary monetary policy, then: a there is a negative short-run effect on real GDP but prices remain unchanged in the long run. b there is a positive short-run effect on the price level but the aggregate price level remains unchanged in the long run. c there is a positive short-run effect on real GDP but GDP remains equal to potential GDP in the long run. d there is a negative short-run effect on the price level but the aggregate price level remains unchanged in the long run. e there is a positive long-run effect on real GDP but GDP remains unchanged at its potential level in the short run.
Answer:
b
Explanation:
There are two types of monetary policy :
Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy
Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy
Goals of monetary policy include
• financial market stability
• economic growth
• high employment
• price stability
When an expansionary monetary policy is carried out, the supply of money increases in the short run. thus price level increases
In the long run, due to the money neutrality argument, there is no effect
If you were starting a new business describe at least three departments to the company that you would need right away why are these departments so important
Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
There are many markets in which firms compete in prices but still
manage to set prices above their marginal costs of production and obtain high profits.
This contrasts with the prediction of the basic oligopoly model of Bertrand price
competition that when firms have constant and identical marginal cost of production,
they will set their prices equal to marginal cost and obtain zero profits. Specify three
implicit assumptions of this model that are essential to the result that firms will obtain
zero profits in equilibrium. Explain, for each assumption, how relaxing it may lead
firms to charge prices above marginal cost and obtain positive profits in equilibrium.
(b) [25 marks] Is higher industry concentration associated with higher industry
profitability? Why or why not? Explain your answer with reference to economic
theory and any relevant empirical evidence.
a) three implicit assumptions Homogenous product, Rational consumers, Symmetric firms b) In summary, industry concentration is correlated with higher industry profitability, but industry characteristics and other variables influence the relationship.
(a)Bertrand's model of price competition proposes that when firms have continuous and equal marginal production costs, they will set prices equal to marginal cost and make no profits. This theory, however, fails to explain the instances where corporations set prices above their marginal cost of production and still achieve high profits.
There are three implicit assumptions of this model that are necessary for the result that firms will earn zero profits in equilibrium.
1) Homogenous product: When a product is not easily distinguishable from its rivals, the market becomes more competitive. If, on the other hand, a company's goods are unique and the only one of their kind, the market's competitiveness decreases. This allows businesses to charge prices above marginal costs while still earning profits.
2) Rational consumers: In a market where consumers are rational and always make informed choices, prices may not be set above the marginal cost of production. However, in markets where consumers lack information or have bounded rationality, firms may charge prices above the marginal cost of production while still earning profits.
3) Symmetric firms: This means that all firms in the market have identical production costs and capabilities. If there is an asymmetry between the firms in the market, with some companies having a comparative advantage over others, the competitive nature of the market is jeopardized and companies may earn profits even if prices are set above marginal costs.
(b)In general, a higher degree of industry concentration is linked with higher industry profitability. However, the degree of concentration is determined by the industry's characteristics, and other variables also influence profitability.In general, there are two main theories that explain the link between industry concentration and profitability. The first is the structure-conduct-performance (SCP) paradigm, which assumes that market structure is the primary determinant of market conduct and, as a result, market outcomes. As a result, higher concentration leads to higher profitability.The second theory, the resource-based view, argues that competitive advantage stems from a company's internal capabilities and resources. This view emphasizes that higher concentration allows firms to accumulate specialized resources and leverage economies of scale and scope, resulting in greater profitability.Industry characteristics, however, play a vital role in determining whether higher concentration results in greater profitability. The market might not be able to sustain more than one firm in a monopoly, leading to higher industry concentration, high profits, and poor outcomes for society. In contrast, in some instances, a competitive market with low concentration can lead to greater profits and positive outcomes for society.
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Fivestar then conducted a survey of recent winter tire purchasers as the second-phase of the research in order to establish (1) the relative importance of each of these four evaluative criteria and (2)
Fivestar conducted a survey of recent winter tire purchasers as the second-phase of the research to establish the relative importance of each of the four evaluative criteria.
In order to gain a deeper understanding of consumer preferences when purchasing winter tires, Fivestar conducted a survey among recent winter tire purchasers. This survey aimed to establish the relative importance of each of the four evaluative criteria that were identified in the first phase of the research. By doing so, Fivestar aimed to gain insights into which features consumers valued most when making their purchase decision. Through the survey, Fivestar was able to collect data on consumers' preferences and perceptions of each of the evaluative criteria, and to analyze this data in order to draw conclusions about the importance of each criterion. Overall, this second-phase survey helped to provide Fivestar with a more comprehensive understanding of consumer behavior when it comes to purchasing winter tires.
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How long after my taxes are accepted will i get them?.
answer :in less than 21 days
Since 1950 in the united states, the labor force participation rate for males has _____ generally and the labor force participation rate for females has generally ____.
Since 1950 in the united states, the labor force participation rate for males has 86.4%generally and the labor force participation rate for females has generally 30%. All individuals who meet the criteria for inclusion among the employed or the unemployed make up the labor force, also known as the currently active population.
This covers full-time, contingent, and independent rate contractors. It covers those who receive hourly pay, salary, or contractual payments. Anyone above the age of 16 who is employed and is not retired is also included in the total labor force. All individuals aged 16 and older who are categorized as either employed or unemployed.
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What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
The moral principles and standards that guide behavior in the world of business are known as:
The moral principles and standards that guide behaviour in the world of business are known as Business Ethics.
Business ethics likewise alluded to as corporate morals, is a subset of applied morals or expert morals that looks at moral and moral standards as well as expected moral situations in the business world. It is appropriate to both the way of behaving of explicit people and whole associations, and it covers all features of business lead.
These ethical standards come from individuals, official proclamations made by associations, or the overall set of laws. The core values of a business are these traditions, values, moral norms, and untrustworthy ways of behaving.
The field is both a corporate system and a speciality for professions.
Present-day hierarchical principles, values, and standards that guide an individual's activities and conduct inside a business association are alluded to as business morals.
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Why would a business prefer to keep an invention secret instead of applying for a patent