Losses are similar to gains in that both are recognized on the income statement only when an asset is sold and a loss is taken. ... Unlike gains, there is no outflow of money for taking a loss; it simply means that the sale of an asset wasn't greater than the original cost. (got the answer from google hehe)
1. Multiply the length, width, and height to get the volume of the box, which is 24 ft³. 2. Each cube has a volume of 4, right? So divide 24 by 4 to get 6. 6 boxes can fit into the crate.
