At the Equilibrium Level of Real GDP,unplanned Inventory Adjustment Equals

question 19

Multiple Choice

At the equilibrium level of real GDP,unplanned inventory adjustment equals

• A)planned investment
• B)saving
• C)zero
• D)actual investment
• E)consumption

Identify and correct the impact of changes in depreciation estimates on financial statements.

Understand and calculate depreciation for both financial reporting and tax purposes, including MACRS and straight-line for tax purposes.

Understand the concept of depletion, how it is calculated, and its impact on the financial statements.

Analyze the impact of asset impairment on financial statements and learn how to calculate any related impairment loss.