Business, 02.03.2020 18:23, bobbykemp300

A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of $950,000 on December 31, 2017. On April 1, 2018, when the machine has a fair value of $275,000, it is exchanged for a machine with a fair value of $1,350,000 and the proper amount of cash is paid. The exchange had commercial substance.108. The gain to be recorded on the exchange isa. $0.b. $25,000c. $50,000d. $150,000

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, samwamooo

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Answers: 2

continue

Business, 22.06.2019 11:10, jordanbyrd33

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.

Answers: 2

continue

Business, 22.06.2019 16:00, angelinaranee15

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.

Answers: 1

continue

Business, 22.06.2019 17:00, jaymoney0531

Can someone me ? i’ll mark the best answer brainliest : )

Answers: 1

continue

Do you know the correct answer?

A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of...