Acompany decides to exchange its old machine and $154,000 cash for a new machine. the old machine has a book value of $126,000 and a fair value of $140,000 on the date of the exchange. the cost of the new machine would be recorded at

When two companies exchange an asset, the assets fair value is used as the price of the asset. In this case the company is paying 154,000 plus an old machine with a fair value of 140,000 so the cost of the new machine would be recorded as the sum of the cash paid and fair value of  the old asset.

140,000+154,000= 294,000

Explanation:

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi