On January 1, 2018, Dunbar Echo Co. sells a machine for $24,600. The machine was originally purchased on January 1, 2016 for $43,700. The machine was estimated to have a useful life of 5 years and a residual value of $0. Dunbar Echo uses straight-line depreciation. In recording this transaction:
a. a loss of $1,620 would be recorded
b. a gain of $1,620 would be recorded
c. a loss of $19,100 would be recorded
d. a gain of $24,600 would be recorded
Answers: 3
Business, 22.06.2019 09:50
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Business, 22.06.2019 19:20
Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale
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On January 1, 2018, Dunbar Echo Co. sells a machine for $24,600. The machine was originally purchase...
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