Oracle Corp. reported total revenue of $37,180 million for 2…

Oracle Corp. reported total revenue of $37,180 million for 2024, among which 43% are domestic sales. Assume that Oracle does not take any measures to reduce its foreign currency exposure. If the U.S. dollar weakens on average 10% vis-à-vis all foreign currencies, what will be the effect of foreign currency translation on Oracle’s total revenue (round final answer to the nearest million)?

On 07/01/2010, Zeibart Co. purchased equipment for $220,000….

On 07/01/2010, Zeibart Co. purchased equipment for $220,000. The equipment has an estimated useful life of 10 years and expected salvage value of $25,000. The company uses straight-line depreciation. On 07/01/2024, the fair value of the equipment declines to $85,000, and Zeibart estimates $115,000 in undiscounted expected future cash inflows from this equipment and determines that the equipment is impaired. What amount of asset impairment expense or loss should be recorded for this equipment on 07/01/2024?