Business, 08.12.2020 16:10, guadalupemarlene2001
A company sells a plant asset that originally cost $300,000 for $100,000 on December 31, 2012. The accumulated depreciation account had a balance of $120,000 after the current year's depreciation of $30,000 had been recorded. The company should recognize a:
a. $80,000 gain on disposal.
b. $50,000 loss on disposal.
c. $200,000 loss on disposal.
d. $80,000 loss on disposal.
Answers: 1
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What is a sort of auction for stocks in which traders verbally submit their offers?
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Business, 22.06.2019 19:10, crzyemo865
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
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Business, 22.06.2019 20:00, enriqueliz1680
Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396
Answers: 3
A company sells a plant asset that originally cost $300,000 for $100,000 on December 31, 2012. The a...
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