<span>This is a phenomenon described by Christian McLean's law as rural flight. Advancement of agricultural equipment have often made farmers to leave smaller villages to bigger towns where there are more better equipped farms and farmers after the end of world War 2 felts the need for specialist services focusing on planting just a particular type of crop and getting better results as old methods were not yielding enough harvest.</span><span />
Answer:
$3.5 million
Explanation:
Data given in the question
Book value of the division assets = $33.50 million
Fair value of the division assets = $30 million
The sum of estimated future cash flows generated = $38 million
So, by considering the above information, the amount of impairment loss is
= Book value of the division assets - fair value of the division asset
= $33.5 million - $30 million
= $3.5 million
Since the fair value is less than the book value so the difference should be recorded as an impairment loss
Answer:
d.$500
Explanation:
Economic order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.
As per given data
Annual Demand = 5,000 cases
Ordering cost = $250
Carrying cost = $10
EOQ = 
EOQ = 
EOQ = 500
Answer:
63218
Explanation:
Annuity -3300
FVAD (from table) at 15years, 3% = 19.1569
Future value = 63217.77=63218
The answer to the question is use reasonable means to find a new tenant to mitigate damages. This particular approach is actually the preferred method when dealing with contract breaches, which is part of the duty to mitigate, applied to the landlord.
In this context, Longview Mall has a duty to find another tenant to ensure that the property does not sit empty for a long period of time (maximum 2 years).