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/biz/ - Business & Finance

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>> No.15579704 [View]
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15579704

When is the stock market crashing? It's higher then it has ever been I'm concerned.

>> No.12600156 [View]
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12600156

OH NO NO NO

WHO COULD HAVE SEEN THIS COMING?

WHY WOULDNT SWIFT PARTNER WITH A NOBODY RUSSIAN SCAMMER TO DELIVER A QUALITY SOFTWARE PRODUCT??

>> No.12041580 [View]
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12041580

nigger genocide when?

>> No.11441789 [View]
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11441789

>>11440621
underrated

>> No.9886575 [View]
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9886575

HHHHHHHHHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHA

>> No.577082 [View]
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577082

>>577076
You register an impairment loss ONLY when the realizable net value is lower than the cost of adquisition of an asset. "Fair Value" is just the market price.

In other words, if the estimated sell price of your asset minus its sales costs (realizable net value) is lower then the cost of the asset, you have an impairment loss.

A more specific example, let's say you sell cars, all the cars you sell cost you 8k, and you sell all your cars on 10k BUT the economy has been shit and your sale costs are 3k per car, you have an impairment loss of 1k per car.


>Cost
8k

>Net realizable value
10k car sale
-3k sales costs
7k net realizable value


Also, just read the IAS 36, it's easy as fuck.

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