Vaughn Manufacturing has equipment with a carrying amount of $2490000. The expected future net cash flows from the equipment are $2530000, and its fair value is $2040000. The equipment is expected to be used in operations in the future. What amount (if any) should Vaughn report as an impairment to its equipment?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Adisadvantage of corporations is that shareholders have to pay on profits.