Tiêu đề FSA - Question.pdf ✅

CFA Program Level I for February 2024 4 On 31 December of Year 2, the nel realizable value of the inventory is € 7 higher than iít carying value. Under US GAAP, the amount (in millions) of the reversal of the prior write down is A. 0 B. 5 C. 7 14. An analyst gathers the following year-end information from a company's financial statements Year 1 Year 2 Accounts receivable €3 millon €1 milion Accounts payable €2 millon €5 millon Based only on this information, if Year 2 net income is €3 million and the Year 1 ending cash balance is €10 million the Year 2 ending cash balance is: A. €8 million B. €12 million C. €15 million 15. A company Incurred the following expenditures (in € milions) to internally develop Intangible asset: Costs incurred during the research phase 900 Costs incurred during the development phase 600 If the recognition criteria for an intangible asset have been met, the maximum amount of capitalized costs (in millions) is A. 600 B. 900. C. 1,500