Answer:
Explanation:
Date Description Post. Ref. Debit Credit Assets Liabilities Equity
1 Mar.29 Notes receivable 30000 30000
2 Accounts receivable-Karie Platt 30000 -30000
3 Apr.30 Notes receivable 24000 24000
4 Accounts receivable-Jon Kelly 24000 -24000
5 May.28 Accounts receivable-Karie Platt 30250 30250
6 Notes receivable 30000 -30000
7 Income Summary ($30000 x 5% x 60/360) 250 250
8 Jun.29 Accounts receivable-Jon Kelly 24320 24320
9 Notes receivable 24000 -24000
10 Income Summary ($24000 x 8% x 60/360) 320 320
11 Aug.26 Cash 30855 30855
12 Accounts receivable-Karie Platt 30250 -30250
13 Income Summary ($30250 x 8% x 90/360) 605 605
14 Oct.22 Allowance for Doubtful Accounts 24320 24320
15 Accounts receivable-Jon Kelly 24320 -24320
163745 163745 1175 0 1175
1. Assume two countries (Portugal & Britain) each produce wine and cloth. Given the following details with respect to resources required to produce each good in each country, answer the following questions. b. a. What is the opportunity cost of producing each good in each country? (4 Points) Draw the Production Possibilities Frontier for each country assuming no trade and 500,000 labor hours (use wine as the x-good). (10 Points) Provide an interpretation of the slope of the PPF in this example (8 Points) If these countries engaged in international trade, in what range would the relative prices have to be to ensure mutually beneficial trade, and which good would each country specialize in? (10 Points) e. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, calculate the gains from trade and show on the PPFs the expanded consumption choices for each country. (16 Points) c. d. Country Production (1 Hour of Labor Time) Cloth Wine Portugal 2.85 Britain 3.4 5.3 4.2
a. The opportunity cost of producing wine in Portugal is 0.35 units of cloth, and the opportunity cost of producing cloth in Portugal is 2.85 units of wine.
b. The slope of the PPF represents the opportunity cost of producing one good in terms of the other. In this case, the slope of Portugal's PPF is -0.35, and the slope of Britain's PPF is -0.71.
c. If these countries engaged in international trade, the relative prices of wine and cloth would have to be within the range of Portugal's opportunity cost of producing wine (0.35 units of cloth) and Britain's opportunity cost of producing wine (0.71 units of cloth).
d. Assuming the relative price with trade of wine is 0.67 cloth and the relative price of cloth is 1.48 wine, then Portugal would specialize in producing wine and Britain would specialize in producing cloth. Portugal would export wine and import cloth, and Britain would export cloth and import wine.
How to explain the informationIf the relative price of wine were below 0.35 units of cloth, then Portugal would be able to produce wine more cheaply than Britain, and it would not be in Portugal's interest to trade. If the relative price of wine were above 0.71 units of cloth, then Britain would be able to produce wine more cheaply than Portugal, and it would not be in Britain's interest to trade.
The gains from trade are the increase in consumption that countries experience after they specialize and trade. In this case, the gains from trade are represented by the shaded area in the graph. The gains from trade are a result of the increased efficiency that is possible when countries specialize in the production of goods that they have a comparative advantage in.
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What is the total cost of ownership
8 of 19
Human skills are important management skills especially when:
Answer:
fostering teamwork, managing conflict, and encouraging improvement.
Explanation:
write shirt note on :
a) personal functions of office.
Answer:
The office is the brain of a whole organization. The office performs a clerical function such as information collection, recording analyzing, distribution of information and executive function such as planning, policies formulation, organization, decision making etc.
Select the correct answer from each drop-down menu.
What is a business?
A business is a commercial ____ engaging in industrial or professional activities undertaken by an individual or a group to earn ____.
Answer:
A business is a commercial enterprise engaging in industrial or professional activities undertaken by an individual or a group to earn profits.
Explanation:
Enterprise - Enterprise refers to a for-profit business started and run by an entrepreneur. And we will often say that people running such businesses are enterprising.
Profits - A financial gain, especially the difference between the amount earned and spent in buying, operating, or producing in the business.
A business is an enterprise that an entrepreneur runs to earn profits by buying, selling, and operating in the industry.
With which approach to value does the appraiser analyze a property’s ability to earn future income?
The income approach is what the appraiser uses to analyze a property’s ability to earn future income.
What is the income approach?This is the term that is used to refer to the real estate valuation which is used to value a property based on the income that the particular property generates on the estimated fair value of that property.
Hence we can conclude that the The income approach is what the appraiser uses to analyze a property’s ability to earn future income.
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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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monitor and manage the performance of the subunits and individual managers who report to them.
O Middle managers
O Team leaders
O First-line managers
O Top managers
The managers who have to monitor and manage the performance of the subunits and individual managers who report to them are A. Middle managers
What do middle managers do ?Middle managers are those managers who are responsible for overseeing the performance of lower-level managers and subunits within an organization. They are typically positioned between the senior management team and the front-line managers and employees.
Middle managers play a crucial role in the effective functioning of an organization. They are responsible for implementing the strategies and policies set by senior management.
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When an employee leaves a position, how should the human resources department respond?
A. Post a job description to fill the position as quickly as possible.
B. Review the position to determine whether and when the position
should be filled again.
C.Train another employee to fill the position as quickly as possible.
D. Meet with college career advisors to advertise the position.
When an employee leaves a position, the right response of the human resources department will be to review the position to determine whether and when the position should be filled again.
What is the role of human resources department?In management, a Human resources refers to the division of a business that is charged with finding, screening, recruiting as well as training the job applicants. The HR managers also administers employee-benefit programs.
The department of human resources HR is an essential component of any business regardless of an organization's size. The department is mainly tasked with maximizing employee productivity and protecting the company from any issues that may arise within the workforce.
In conclusion, these HR managers plays an important role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.
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Answer:
B. - Review the position to determine whether and when the position should be filled again.
Explanation:
You are considering replacing your aging propane furnace for a natural gas model. The propane model originally cost $2,200, will last 6 more years, and will have no salvage value. The gas model costs $2,200 and offers a $400 trade-in on the old furnace. It lasts 13 years and can be salvaged for $500 at the end of year 13. Annual fuel costs are $800 for the propane furnace and $600 for the gas furnace. The real interest rate is 9% per year. Using cash-flow replacement and annual worth analysis, should the propane furnace be replaced with the gas model?
Answer:
The information is not complete (we do not know the useful life of the propane model), but the difference in costs between one project and the other is two large. The NPV of the savings for the gas model almost pays for the initial investment, plus the present value of the costs of using the gas model are much lower for future equivalent projects, we can assume that replacing the propane furnace with the gas model is a good investment.
We cannot determine exactly by how much the actual worth of the costs of the gas model are lower than the costs of the propane model, but there is no doubt that they are much lower. The only way that the propane model would have lower actual costs would that its useful life is much longer.
Explanation:
use propane model use gas model
initial investment $0 $1,800
operating costs $800 $600
useful life 6 years 13 years
present value of the costs for first product life cycle:
$3,559 (6 years) $6,129 (13 years)
Since the useful lives of the alternatives are not the same, we must find a common denominator for the useful life of the alternatives. Here we have a problem because we are not given the information.
But we can assume that the useful life of a propane furnace is also 13 years:
use propane model use gas model
initial investment $2,200 $2,200
operating costs $800 $600
useful life 13 years 13 years
residual value $0 $500
present value of total costs per life cycle:
$8,190 $6,529
Now we need to determine the NPV of the money saved by using gas propane = -$140 (-$1,800, 9%, $200 saved during 12 periods and $700 received at last period), so basically the gas model almost pays for itself with the money it saves.
Warehouses
WI
W2
W3
S1
14
12
10
Stores
S2
16
14
16
S3
12
10
8
S4
20
8
15
Based on the given information, it appears to be a representation of quantities of goods stored in warehouses and sold in stores.
The warehouses are labeled as WI, W2, and W3, while the stores are labeled as S1, S2, S3, and S4. The numbers listed below each warehouse represent the quantities of goods stored in each warehouse, while the numbers listed below each store represent the quantities of goods sold in each store.
For example:
- Warehouse WI has 14 units of goods.
- Warehouse W2 has 12 units of goods.
- Warehouse W3 has 10 units of goods.
Similarly, for the stores:
- Store S1 has sold 16 units of goods.
- Store S2 has sold 14 units of goods.
- Store S3 has sold 12 units of goods.
- Store S4 has sold 20 units of goods.
It seems to be a simple inventory representation, showing the quantities of goods stored in each warehouse and sold in each store.
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According to Maslow's hierarchy of needs theory, the need for fringe benefits is an example of needs.
The second-most important need, according to Maslow's theory of the hierarchy of needs, is safety, which is reflected in workplace perks like job security.
The importance of Maslow's hierarchy of requirementsThe model of choice for illuminating the physiology of human motivation is Maslow's hierarchy of needs. It will enable you to spend less time speculating about what makes your employees tick and more time engaging in activities that inspire them.
How is the philosophy of Maslow applied today?We can think more freely and tactically as practitioners thanks to Maslow's approach. Understanding career development plans, methods, goals, and experiences aids both ourselves and our clients. It gives us the information necessary to pinpoint our interests, skill sets, abilities, and values.
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Cyberphone, a manufacturer of cell phone accessories, ended the current year with annual sales (at cost) of $ million. During the year, the inventory of accessories turned over times. For the next year, Cyberphone plans to increase annual sales (at cost) by percent. a. What is the increase in the average aggregate inventory value required if Cyberphone maintains the same inventory turnover during the next year? $ nothing. (Enter your response as an integer.)
Answer:
sorry po
Explanation:
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what is emergency ?
Answer:
an emergency is a situation that poses an immediate risk to health , life , property , or environment. most emergencies require urgent intervention to prevent a worsening of that situation
A market will be efficient even if there is imperfect information as long as the market is competitive.
a. True
b. False
Multiple Choice
In 1950, the cost to go to a movie was 25 cents. In 2014, the cost to go to a movie is $15. This can be attributed to
- exchange value
- supply and demand
- inflation
- deflation
Answer:
inflation
Explanation:
If the federal government wants to encourage businesses and consumers to spend more money, it wo
A)
increase the tax rate.
B)
decrease the tax rate.
C)
increase the reserve requirement.
Eliminate
D)
decrease government spending on goods and services.
Fearing a recession the government decide
Answer:
B) decrease the tax rate.
Explanation:
Decreasing taxes results in individuals and businesses paying lower taxes to the government. Reducing taxes increases the amount of disposable income available to individuals and firms. Therefore, a decrease in taxes will have the same effects as an increase in income. Households and firms will have more money available for spending.
Decreasing taxes is one way the government may use to encourage increased spending. On the other hand, an increase in taxes results in lower disposable income for people and firms. A decrease in government spending results in fewer jobs available, which reduces incomes and consumer spending.
In recent years, hours of market work have declined and leisure time increased. This trend
a. causes GDP to rise.
b. causes GDP to fall.
c. does not improve the well-being of people because they do not value leisure.
d. is not accounted for in GDP.
Explanation:
option B.........i guess
Sloan Inc. recently invested in a project with a 3-year life span. The net present value was $9,000 and annual cash inflows were $21,000 for year 1; $24,000 for year 2; and $27,000 for year 3.
The initial investment for the project, assuming a 15% required rate of return, was _____.
Net Present Value
Answer:
Explanation:
To calculate the initial investment, we can use the formula for net present value (NPV) as follows:
NPV = present value of cash inflows - present value of initial investment
Given that NPV = $9,000 and the annual cash inflows for each of the three years, we can calculate the present value of cash inflows as follows:
PV of year 1 cash inflow = $21,000 / (1 + 0.15)^1 = $18,260.87
PV of year 2 cash inflow = $24,000 / (1 + 0.15)^2 = $18,137.32
PV of year 3 cash inflow = $27,000 / (1 + 0.15)^3 = $18,008.69
Therefore, the total present value of cash inflows is:
PV of cash inflows = $18,260.87 + $18,137.32 + $18,008.69 = $54,406.88
Now, we can rearrange the NPV formula to solve for the initial investment:
NPV + PV of initial investment = PV of cash inflows
Substituting the given values, we get:
$9,000 + PV of initial investment = $54,406.88
PV of initial investment = $54,406.88 - $9,000
PV of initial investment = $45,406.88
Finally, we can calculate the initial investment by finding the present value of $45,406.88 for 3 years at a 15% required rate of return:
Initial investment = $45,406.88 / (1 + 0.15)^3
Initial investment ≈ $29,508.88
Therefore, the initial investment for the project was approximately $29,508.88.
WBS for the knowledge area of Human/Resource Management for a low-cost housing project
Here's an example of a WBS for the knowledge area of Human/Resource Management for a low-cost housing project:
The wbs for a knowledge area of Human/Resource Management for a low-cost housing projectHuman/Resource Management
1.1 Staffing Plan
1.1.1 Define project roles and responsibilities
1.1.2 Identify required staffing resources
1.1.3 Determine the project team structure
1.1.4 Develop a staffing plan and budget
1.2 Recruitment and Selection
1.2.1 Create job descriptions and specifications
1.2.2 Advertise and promote job openings
1.2.3 Review resumes and conduct initial screenings
1.2.4 Conduct interviews and select candidates
1.2.5 Perform background checks and reference checks
1.2.6 Extend job offers and negotiate terms
1.3 Training and Development
1.3.1 Assess training needs for project team members
1.3.2 Develop a training plan and schedule
1.3.3 Conduct training sessions and workshops
1.3.4 Provide on-the-job training and mentoring
1.3.5 Evaluate training effectiveness and adjust as needed
1.4 Performance Management
1.4.1 Set performance expectations and goals
1.4.2 Monitor and assess individual and team performance
1.4.3 Provide feedback and coaching to improve performance
1.4.4 Conduct performance appraisals and evaluations
1.4.5 Identify and address performance issues or conflicts
1.5 Resource Allocation
1.5.1 Identify project resource requirements
1.5.2 Allocate resources based on project needs
1.5.3 Monitor resource utilization and availability
1.5.4 Optimize resource allocation to meet project objectives
1.6 Stakeholder Management
1.6.1 Identify project stakeholders and their interests
1.6.2 Develop a stakeholder engagement plan
1.6.3 Communicate and manage stakeholder expectations
1.6.4 Address stakeholder concerns and resolve conflicts
1.6.5 Maintain positive relationships with stakeholders
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A food worker needs to thaw
and cook a package of frozen
bacon.
How should the food worker
safely thaw the bacon?
a. Submerge the bacon in a bowl of hot
water
b. Submerge the bacon under cold,
running water
c. Microwave the bacon and put it in the
refrigerator
d. Microwave the bacon and cool it to
room temperature
Answer:
I think the answer is a) Submerge the bacon in a bowl of hot water
Explanation:
I hope this helps.
Here´s more to the answer:
Fill your sink/bowl pretty full with hot tap water. Then add the package of bacon. After about 10 minutes, drain the water and add new hot water. The bacon will probably be defrosted 10 minutes later.
Explain how collaboration could improve team performance
Answer:Why is collaboration important? Collaboration improves the way your team works together and problem solves. This leads to more innovation, efficient processes, increased success, and improved communication
Explanation:Brainliest award
Cost of goods sold for a manufacturer equals cost of goods manufactured plus a. beginning finished goods inventory less ending finished goods inventory b. beginning work in process inventory less ending work in process inventory c. ending work in process inventory less beginning work in process inventory d. ending finished goods inventory less beginning finished goods inventory
Answer:
a. beginning finished goods inventory less ending finished goods inventory
Explanation:
Cost of goods sold for a manufacturer equals cost of goods manufactured plus beginning finished goods inventory less ending finished goods inventory.
Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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Theories that an organization can adopt for effective management of individuals and teams
The theories that an organization can use for an effective management of individuals and teams are Classical Management Theory Behavioral Management Theory, and Modern Management Theory.
What is an organization?An organization is a group of individuals who work together in a structured and coordinated manner to achieve a common goal or objective.
It can be a formal entity, such as a corporation, or nonprofit organization, or an informal group, such as a sports team, community group, or social network.
The Classical Management Theory, Behavioral Management Theory, and Modern Management Theory can be adopted by an organization for an effective management.
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if the CEO of beautify wanted to develop a new line of skin care products specifically for people with sensitive skin, she might appoint a
Answer: companies
Explanation: because she has a beautiful work job
If the CEO of Beautify wanted to develop a new line of skincare products specifically for people with sensitive skin, she might appoint a product development team or a specialized research and development (R&D) team to oversee the process.
Appointing a product development team or an R&D team would be a suitable approach for developing skincare products tailored to individuals with sensitive skin. This team would typically consist of experts in the field, including cosmetic chemists, dermatologists, and skincare specialists. Their role would involve conducting research, analyzing market trends, formulating product ingredients, and testing the efficacy and safety of the skincare line.
By assembling a dedicated team, the CEO can ensure that the specific needs and concerns of people with sensitive skin are addressed throughout the product development lifecycle. This team would focus on creating formulations that are gentle, hypoallergenic, and free from potentially irritating ingredients. They would also conduct thorough testing to validate the effectiveness and compatibility of the products with sensitive skin.
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How is inflation being affected globally
Answer: Inflation is pushing up the prices of essential goods such as food, transport and utilities.
More than two-thirds of people around the world are feeling the squeeze, according to new research.
As the cost of living rises, the poorest in society are suffering most.
Explanation:
Which statement about studying management is most likely true?
Management is universally needed in all organizations.
Nonbusiness professionals do not benefit from studying management because they don't supervise people.
Studying management will inevitably enable you to earn more money and be a better manager.
As the holacracy concept expands, the need for traditional managers grows.
There is little value to studying management if your aspirations do not include transitioning into a management
position.
The statement about studying management that is most likely true is that Management is universally needed in all organizations.
What is Management?Management can be described as the process that is been usd in almost all the organization ranging from the non governmental organization to the governmental organization which involves the planning as well as managing the resources as well as other tools that is been used in the organization so that the goals as well as the main objectives of the organization can be achieved.
It should be noted that the management is very essential because without management there will no be planning and the process of planning is very essential because it help in defining the goals as well as the task that is required by the teams in the organization and this can help the team that wil;l organize this task and how it would be achieved , hence the process of management can be seen in all the organization.
Therefore the first option is correct.
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6. The following transactions relate to Hannah Mwikali, the proprietor of Mwinnah Pastries for the month of January 2014. Jan 2 Jan 3 Jan 15 Jan 17 Acquired a new oven from Kipa Kitchens Ksh. 120,000 on credit Borrowed a loan from WEP bank Ksh. 250,000 and deposited it in an account with the same bank Sold pastries worth Ksh. 64,000 cash Bought food supplies for making pastries Ksh. 30,000 cash Record the above transactions in the books of original entry for Mwinnah Pastries for the month of January 2013. (10 marks)
the owner of Mwinnah Pastries for the month of January 2014. January 2 through January 3 and January 15 through January 17 purchased a new oven from Kipa Kitchens for Ksh. 120,000 on credit. borrowed Ksh. 250,000 from WEP bank and deposited it in an account with the same bank. 250000 Kenyan shillings worth of pastries were sold.
What is meant by Financial transaction?A financial transaction is an agreement or communication between a buyer and a seller to exchange goods, services, or assets in exchange for cash. Any transaction affects the financial situation of two or more entities, including corporations and individuals.
A financial transaction always involves one or more financial assets, most frequently cash or another expensive item like gold or silver.
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EXAMPLE 2 An entity purchased an item of plant for Tshs. 120,000,000 on 1 January 2001. The plant was depreciated on a straight line basis over its useful economic life, which was estimated at six years. On i January 2003 the entity decided to revalue its plant. No fair value was available for the item of plant that had been i 3 If in 2005 the plant in Example 2 above had a replacement cost of Tshs. 100,000,000. Account for the proper treatment in the book of account in relation to the Plant
The entity need to determine fair value for the plant. Assuming the fair value was determined to be Tshs. 130,000,000, the entity would record:
revaluation surplus of Tshs. 10,000,000 (130,000,000 - 120,000,000).carrying amount of the plant would then be adjusted to Tshs. 130,000,000.What is the proper treatment in the book of account?If in 2005, the plant had a replacement cost of Tshs. 100,000,000, this would not affect the treatment of the revaluation surplus or the carrying amount of the plant.
The replacement cost is not relevant to the accounting treatment of the plant's revaluation because it is not a measure of the plant's fair value. However, if the entity wished to reflect the lower replacement cost in the financial statements, it could consider whether an impairment loss was necessary.
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