Saved mework g surat limited paid cash to acquire an aircraft on january 1, 2017, at a cost of 34,600,000 rupees. the aircraft has an estimated useful life of 50 years and no salvage value. the company has determined that the aircraft is composed of three significant components with the following original costs (in rupees) and estimated useful lives: component fuselage engines inerior5,100,003 years cost 12,500,000 17,000,00e useful life 50 years 40 years 34,600,000 the u. s. parent of surat does not depreciate assets on a component basis, but instead depreciates assets over their estimated useful life as a whole. assume that a foreign company using ifrs is owned by a company using u. s. gaap. thus, ifrs balances must be converted to u. s. gaap to prepare consolidated financial statements. ignore income taxes. required a. prepare journal entries for this aircraft for the years ending december 31, 2017, and december 31, 2018, under () ifrs and (2) u. s. gaap b. prepare the entrylies) that the u. s. parent would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert ifrs balances to u. s. gaap.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answer; at prices that violate government price regulations;