What is the impairment loss for the current year?
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- What is the correct cost of investment on January 5? a. 880,000 b. 900,000 c.864,000 d.884,000 e. None of the above4G+ 12:42 PM 0.4KB/s O l 61 00:18:04 Remaining Multiple Choice Which of the following statements is false regarding FRANCHISE [contract-based intangible asset)? Franchise agreements may be made between the government and private entities The cost of franchise includes the initial franchise fee and related legal fees Franchise should be amortized over contract term or useful life, whichever is longer Periodic or continuing franchise fee should be expensed in the period incurred 22 of 25 レA4 9b A4 9a We find the following information on NPNG (No-Pain-No-Gain) Inc.: EBIT = $2,000,000Depreciation = $250,000Change in net working capital = $100,000Net capital spending = $300,000 These numbers are projected to increase at the following supernormal rates for the next three years, and 5% after the third year for the foreseeable future: EBIT: 20%Depreciation: 10%Change in net working capital: 15%Net capital spending: 10% The firm’s tax rate is 35%, and it has 1,000,000 outstanding shares and $8,000,000 in debt. We have estimated the WACC to be 15%. b. Calculate the CFA* for each of the next four years, using the formula CFA* = EBIT(1 – T) + Depr – ΔNWC – NCS.
- 0.2KB/s O 68 4G+ 12:18 PM O 00:41:23 Remaining Multiple Choice Which of the following is part of the PAS 38's definition of intangible assets? Future economic benefits Without physical substance Controlled by the entity Identifiable monetary assets 13 of 25How much is the total amount that would normally be reported as investment property? A. 130,000,000 B. 128,000,000 C. 137,000,000 D. 106,000,000 Show solution4G 10:12 O O 6 01:58:17 Remaining Multiple Choice B, Inc. owns a residential property it acquired for P3,000,000. It transferred ownership thereto to its supervisory employee for P2,400,000 when its fair value was P4,500,000. What is the monetary value of the benefit? P600,000 P1,500,000 P2,100,000 P2,400,000 16 of 60 II
- Question 17 Munir S/B has provided the following data concerning a proposed investment project: Initial investment.................. $861,000 Annual net cash receipts...... $271,000 Life of the project................. 5 years Salvage value...................... $129,000 The company's tax rate is 30%. For tax purposes, the straight line method will be used and capital allowances (CA)s will be claimed only over 3 years over the entire initial cost without any reduction for salvage value. The company uses a discount rate of 11%. Required: (vi) What is the NPV of the project?2021 2022 RevPAR Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb My Property 60.38 45.62 62.38 69.14 75.73 55.82 68.86 66.39 63.70 72.85 81.30 50.39 39.32 53.03 Comp Set 43.45 57.75 62.76 67.29 68.52 58.28 73.23 74.03 64.83 68.76 66.01 44.26 43.66 53.13 Index (RGI) 105.00 104.55 99.39 102.74 110.53 95.79 94.04 89.68 98.26 105.94 123.18 113.85 90.05 99.82 Rank 5 of 7 4 of 7 s of ? S of ? 4 of 7 5 of 7 6 of 7 6 of 7 5 of 7 4 of 7 2 of 7 3 of 7 6 of 7 4 of 7 Based on the sample excerpt above, which one of the following is an accurate statement regarding the historic performance of this hotel? A) For the last six months, the subject hotel consistently wins the RevPAR battle against the comp set. B) For the last six months, the subject hotel consistently loses the RevPAR battle against the comp set. C) For the last six months, the subject hotel wins and loses the RevPAR battle against the comp set. The number of winning months is the same as the number of losing months. D) The…Your company has a project available with the following cash flows: Year 0 1 2345 Cash Flow -$80,900 21,600 25,200 31,000 26,100 20,000 If the required return is 15 percent, should the project be accepted based on the IRR?
- a.2,250,000 b.3,250,000 c.3,050,000 d.5,500,000A. P108,000 B. P90,000 C. P54,000 D. P36,000.ll TM 11:20 AM 56% < Notes •.. on July 1, 2022, Trisha Company purchased the rights to a mine for P13,200,000, of which P1,200,000 was allocable to the land. Estimated reserves were 1,500,000 tons. The entity expects to extract and sel 25,000 tons per month The entity purchased mining equipment on July 1, 2022 for P9,500,000. The mining equipment had a useful life of 8 years. However, after all the resource is removed, the equipment will be of no use and will be sold for P500,000. 2. What is the depreciation for 2022? A. 1,800,000 В. 1,125,000 C. 900,000 D. 562,500 O° | |