Return to amir’s original purchase date of july1, 20x5. assume that amir uses straight-line method of depreciation and sells the equipment for $36,500 on july 1, 20x9. the result of the sale of the equipment is a gain (loss) of:

a. ($3,500)
b. $7,500
c. $2,500
d. $0

Explanation:

This question doesn’t seem to be complete however I’ll try to answer it to the best of my knowledge.

Firstly we must know the Original Purchase Price of the Asset. From the Original Purchase Price we will deduct the accumulated Depreciation and get the Net Book Value. From this Net Book Value the selling price of the Equipment will be deducted to calculate the Gain or Loss on the Sale of Equipment. I have given an example to demonstrate the scenario

COST                                                              $120,000  

Straight Line Depreciation Rate (Annual)15%

Monthly Depreciation                                $1,500  

Accumulated Depreciation (4 years)        $72,000  

Net Book Value                                        $48,000  

Selling Price of Asset                                $36,500  

Gain on Sale of Asset                                $11,500    

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer about 4-5 percent of the labor force is unemployed;