subject
Business, 12.11.2020 19:10 pearljammarow6ujs

On December 31, 2016, Hamilton Inc. sold a used industrial crane for $1,060,000 cash. The original cost of the crane was $5.30 million and its accumulated depreciation equaled $4.35 million on December 31, 2016. What is the gain or loss from the December 31, 2016 equipment sale? a) $110,000 gain b) $950,000 gain c) $950,000 loss d) $110,000 loss

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:40
Carlos would like to start saving for his son’s college expenses. which type of savings account should carlos open? ida money market 529 plan basic savings account
Answers: 2
question
Business, 22.06.2019 00:20
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.
Answers: 1
question
Business, 22.06.2019 17:40
Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
Answers: 1
question
Business, 23.06.2019 00:30
Industrial engineers who specialize in ergonomics are concerned with designing workspace and devices operated by workers so as to achieve high productivity and comfort. a paper published in this research area reports on a study of preferred height for an experimental keyboard with large forearm-wrist support. a sample of 31 trained typists resulted in an average preferred height of 80.0 cm
Answers: 1
You know the right answer?
On December 31, 2016, Hamilton Inc. sold a used industrial crane for $1,060,000 cash. The original c...
Questions
question
Arts, 29.10.2020 22:20
question
History, 29.10.2020 22:20
question
English, 29.10.2020 22:20
question
Mathematics, 29.10.2020 22:20