QUESTION 9.2 NARRABRI LTD The carrying amount of the assets of the Toy Train Division is $500 000. If the value in use is $423 000‚ then there is an impairment loss of $77 000. The impairment loss is firstly used to write off the goodwill - $50 000. The balance of the loss - $27 000 – is allocated across the other assets‚ except for inventory assuming it is recorded at the lower of cost and net realisable value: Carrying Proportion Allocation Net Carrying Amount of Loss Amount
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Q 2.3 (Inventory Cost) A manufacturing company producing medical devices reported $60‚000‚000 in sales over the last year. At the end of the same year‚ the company had $20‚000‚000 worth of inventory of ready-to-ship devices. A. Assuming that units in inventory are valued (based on COGS) at $1‚000 per unit and are sold for $2‚000 per unit‚ how fast does the company turn its inventory? The company uses a 25 percent per year cost of inventory. That is‚ for the hypothetical case that one unit of $1‚000
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Stephen Hawking has been hailed as one of the most brilliant theoretical physicists since Albert Einstein. Hawking was born on January 8‚ 1942‚ which as he likes to point out is the 300th anniversary of Galileo’s death. Hawking originally studied at Oxford University in England studying physics even though he would have preferred math. He moved onto Cambridge University to work on his PhD in cosmology. Hawking’s career has focused upon the cosmic entities known as black holes‚ and has extended
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Chapter 1-10 Summary"¦ Chapter 1 In chapter one Pip is introduced along with other characters such as the Gargery’s and convict. It starts out with Pip in the church yard visiting his parents grave when an escaped convict captured Pip and had him steal "wittles"(food) and a file from him family. In the last scene Pip is running home so as not to be late for dinner‚ Chapter 2 In chapter two it explains Mrs.Joe Gargery and her husband and how she brought Pip up by hand. She whipped Pip with "the tickler"
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Chapter 10: Mediterranean Society: The Greek Phase * Homer a man who never existed: composed 2 great epics: Iliad and the Odyssey. Bards recited it. Believe scribes committed them to writing. Others believe that a man named Homer helped to write it with other people. Iliad offered Greek perspective on campaign waged by Greek Warriors against city of Troy in Anatolia. Odyssey: Experience of Greek Hero Odysseus as he sailed home after the Trojan War. Works described difficulties faced by Greek
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Stephen Sondheim American lyricist and composer Stephen Sondheim was born on March 22‚ 1930‚ in New York City. After early practice at songwriting‚ he gained much of his knowledge of musical theater from working with master lyricist Oscar Hammerstein II. Sondheim’s contributions to West Side Story and Gypsy in the 1950s brought him recognition as a rising star of Broadway. His major works for the theater include A Funny Thing Happened on the Way to the Forum‚ Sweeney Todd‚ Sunday in the Park With
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Chapter 1 Managerial Accounting: Tools for Decision Making Discussion QUESTIONS Q1-1. Financial accounting is oriented toward external users and is concerned with general-purpose financial statements. These financial accounting statements are highly aggregated‚ report on relatively long time periods‚ are oriented toward the past‚ and must conform to external standards. These standards emphasize the use of objective data. Management accounting is oriented toward internal users and is
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Financial Management-chapter 7 solution- Gitman 7-21 Western Money Management Inc. Bond Valuation Robert Black and Carol Alvarez are vice presidents of Western Money Management and codirectors of the company’s pension fund management division. A major new client‚ the California League of Cities‚ has requested that Western present an investment seminar to the mayors of the represented cities. Black and Alvarez‚ who will make the presentation‚ have asked you to help them by answering the
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front chapter 10 Compared to other chapters the language used is more engaging and assay the emotional experience of the war not only by soldiers but by civilians caught in the crossfire. However the first half of this chapter focuses on a lighter note with the group guarding a supply dump also giving them a chance to sleep and eat; Remarque overemphasizes the fact that sleeping and good food is a luxury to the soldiers. Bitter comical moments seem to take place in the start of this chapter which
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Associate Level Material Appendix H Refer to the following sections of Fundamentals of Abnormal Psychology to review the following DSM-IV-TR® mental disorders. Then‚ match the disorders to the case studies below. DSM-IV-TR® Mental Disorders Dependent Personality Disorder – pp. 418–420 “Dependent Personality Disorder” of Ch. 13 Dissociative Disorders – pp. 176–181 “Dissociative Disorders” through “Dissociative Identity Disorder (Multiple Personality Disorder)” of Ch. 6 Somatoform
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