Based on the Following Information,what Is the Impairment Booked at December

question 70

Multiple Choice

Based on the following information,what is the impairment booked at December 31,2018?

• A)$150,000
• B)$185,000
• C)$300,000
• D)$450,000

---

Definitions:

Variable Costing

An accounting method that considers only variable costs in product costing and decision-making, excluding fixed overhead expenses.

EBITDA

Stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of a company's overall financial performance.

Theme Park

A large outdoor area where entertainment is provided, typically through rides, games, and themed attractions.

EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization, an indicator used to analyze and compare profitability among companies and industries.