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In November 2008, automobile executives from Ford, GM and Chrysler testified to Congress that their firms needed a $25 billion bailout to prevent bankruptcies. The executives stated that part of the cash would be used to re- design production lines. The $25 billion is and the
Re- designed production lines are .
Future Cash Flows
are the estimated amounts of money expected to be received or paid out by a business over future periods as a result of its operational activities.
AASB 136
The Australian Accounting Standards Board standard concerning the impairment of assets, requiring entities to ensure that asset carrying values are not more than their recoverable amounts.
Value In Use
The current worth of the anticipated future cash flows from an asset or a unit that generates cash.
Future Cash Flows
Estimated monetary gains or losses that will be realized by an entity in the future.
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