Green Company reports depreciation expense of $53,000 for Year 2. Also, equipment costing $179,000 was sold for a $6,300 gain in Year 2. The following selected information is available for Green Company from its comparative balance sheet.
At December 31 Year 2 Year 1
Equipment $ 675,000 $ 854,000
Accumulated Depreciation-Equipment 480,000 565,000
Required:
1. Compute the cash received from the sale of the equipment.

Adupont analysis is conducted using the dupont equation which to identify

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.