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As a result of its annual assessment of property, plant, and equipment for indications of impairment, an entity determines that equipment with a carrying amount of ${x} may be impaired due to technological obsolescence. Assume that the assets value in use is determined to be ${a}, its fair value is ${b} and the cost of disposal is ${c}. In addition, the expected future undiscounted net cash flows from the use of the asset and its later disposal are estimated to be ${y}. Calculate the impairment loss of the equipment under ASPE. [If the answer is $12,345, enter 12345]

On 30 September 2025, Bubble Tea Corporation acquired Matcha Incorporated for a cash payment of $864,300.  On that date, Matcha’s statement of financial position showed assets of $890,600, liabilities of $469,700, and owners’ equity of $420,900. The fair value of Matcha’s assets is estimated to be $1,162,900. Assume that Bubble Tea Corporation is a public company and that the goodwill was allocated entirely to one cash-generating unit (CGU).  Two years later, the CGU’s carrying amount is $3,530,300, the value in use is $3,458,200, and the fair value less costs to sell is $3,058,200. Goodwill is

Ceylon Manufacturing Ltd. incurred $29,200 in costs for roofing work at its factory: $28,000 to replace the previous roof installed when the building was first built, and $1,200 to repair and replace some shingles on the garage extension as a result of a recent storm. The factory building was constructed 15 years ago. The original roof was not recognized as a separate component of the building and its original cost is not known. The building had been depreciated on a straight-line basis assuming a 40-year useful life. Construction costs in the area have doubled since the factory was completed 15 years ago. Prepare the journal entries to record1.    Cost of roofing work2.    Removal of original roof’s carrying amount 

The cleaning products company Method distinguished itself with ‘quirky, clear bottles emphasizing plant-based contents.’ How does this specific packaging choice function as a key part of its brand strategy?

What is the foundational first step in Stanford’s 5-Step Human-Centered Design (HCD) process?

 A subscription box service for pet toys is experiencing high customer churn. However, their data reveals that a small group of customers who use the ‘customize your box’ feature have a near-zero cancellation rate. Based on this, which type of pivot would be most logical to pursue?

A new high-end spa is receiving feedback that while its massage services (Product) are excellent and its staff (People) are professional, the overall experience feels sterile and unwelcoming. To address this, which of the 7 Ps should the marketing strategy focus on improving to better align with its premium brand image?

A startup has spent 18 months developing a highly complex social media platform in secret, believing its advanced features will guarantee success. Which Lean Startup principle has been most significantly violated, and what is the most probable negative outcome?

In the context of a startup, what is the defining characteristic of a ‘pivot’?

In the context of entrepreneurial problem-solving, what is the primary focus of an ‘adaptive thinker’?