In the current year, the building occupied by sunshine city’s culture and recreation department suffered severe structural damage as a result of a hurricane. it had been 48 years since a hurricane had hit the sunshine city area, although hurricanes in sunshine city’s geographic area are not uncommon. the building had been purchased 10 years earlier at a cost of $2,800,000 and had accumulated depreciation of $700,000 as of the date of the hurricane. based on a restoration cost analysis, city engineers estimate the impairment loss at $310,000; however, the city expects during the next fiscal year to receive insurance recoveries of $160,000 for the damage. required: a. should the estimated impairment loss be reported as an extraordinary item? as a special item? o a special item o an extraordinary item o ordinary expense, disclosed in the notes to the financial staatements

Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.