value of an asset is not recoverable. Per the same standards‚ carrying value is not recoverable “if it exceeds the expected future cash flows to be derived from the asset on an undiscounted basis” (FASB‚ ASC 360-10). In the Property Solutions Inc. case‚ the carrying value of the building on 10/1/2017 was $1‚650‚000 and the expected future cash flows are $1‚214‚940. Per the definition of impairment loss stated above‚ the asset is impaired. In calculating the loss‚ we must compare the carrying value
Premium Generally Accepted Accounting Principles Asset Balance sheet
events that shaped the U.S.. I believe that one of the most significant events in U.S. History is 9/11‚ which largely influenced our society because it caused us to go to war with Afghanistan for 11 years‚ huge economy impacts‚ and the U.S. no longer feels invulnerable because of it. I have reason to think the biggest impact of 9/11 was that it caused the U.S. to go to war with Afghanistan for 11 years and the war is still going on. Because of this we have lost over 6‚000 soldiers and still counting
Free World War II Great Depression
presenting events in an orderly‚ logical sequence. 2. Description tells readers about the physical characteristics of a person‚ place‚ or thing. 3. Exemplification uses examples to illustrate or explain a general point or an abstract concept. 4. Process essay explains how to do something or how something occurs. 5. Cause and effect analyzes why something happens. 6. Comparison and contrast; comparison shows how two or more things are similar‚ and contrast shows how they are different
Premium Logic World Trade Center Thought
9/11 On September 11‚ 2001‚ Islamic terrorists hijacked four commercial airliners and used them as bombs to attack the World Trade Centers in New York City‚ the Pentagon in Washington‚ D.C. and the fourth plane‚ meant to be used against the White House‚ crashed in Pennsylvania. Much of this destruction was witnessed live on television throughout the United States and around the world. Many Americans were forced to face for the first time in their lives‚ feelings of insecurity and of being vulnerable
Premium September 11 attacks World Trade Center Al-Qaeda
Handout 11.7 “Cock of the Walk” Discussion Name: David Ferreira For the following discussion‚ you will be provided with a hypothetical situation that may sound ridiculous‚ impossible‚ and/or preposterous. For the purpose of this assignment assume that this situation could happen. Fully discuss the implications of the situation. Your teenage son has been working for several weeks as a waiter at “Cock of the Walk‚” a new bar/restaurant in the area. Although he is making good
Premium Customer English-language films Consultative selling
English 400 - Essay #4 Context: Race. A controversial topic‚ if there ever was one. Although our society seems to be making strides towards eradicating this ever-present problem‚ the reality is that it is still a danger that surrounds us all the time‚ every day. While overt racism may not be as prevalent as in times past‚ there still exists subtle discrimination and racism that affects people’s interactions with others. Thus‚ it is important to always maintain an ongoing dialogue about race
Free Race Racism
Over 2‚000 people died from the attack of 9/11 but our country United States of America still had faith and managed to raise up the American Flag.Danny McWilliams FDNY lieutenant in Brooklyn was in the tragedy of 9/11.A close worker of Danny‚ Bill Eisengrein was also present during 9/11.The day of 9/11 Bill was watching tv and saw what happened and immediately headed to the scene.As he headed to the scene‚ he saw McWilliams holding the American Flag with other significant and knew they were up to
Premium United States World War II September 11 attacks
Chapter 4 Individual and Market Demand Teaching Notes Chapter 4 builds on the consumer choice model presented in Chapter 3. Students find this material very abstract and “unrealistic‚” so it is important to convince them that there are good reasons for studying how consumers make purchasing decisions in some detail. Most importantly‚ we gain a deeper understanding of what lies behind demand curves and why‚ for example‚ demand curves almost always slope downward. The utility maximizing
Premium Consumer theory Supply and demand
Philosophy 11 Exam 1. I believe that the quote “Education makes music out of the noise that fills life” has a broader meaning to it than it first appears. People would first think of simply the context of it and conclude that it makes no sense‚ however‚ to me I think it means that through everyday life‚ knowing and really understanding what’s going on and knowing how to do things really makes everything flow
Premium Epistemology Happiness Truth
Erik Moutenot Dr. Pelham MKT 370-01 12/15/14 Case 4: Lafarge – Aget Heracles 1. Argue the potential influence of competitive forces upon the cement industry. The cement buyers influence competition by merging up and piling pressure on the suppliers‚ which in turn makes the suppliers to reduce prices in order to maintain or increase the market share. The decrease in prices in turn affects the company’s profit margin. Equally‚ with some of the customers‚ like governments and hospitals‚ in need
Premium Revenue Balance sheet Gross profit