subject
Business, 22.11.2019 23:31 Mypage22

On december 31, strike company has decided to sell one of its batting cages. the initial cost of the equipment was $310,000 with an accumulated depreciation of $260,000 depreciation has been taken up to the end of the year. the company found a company that is willing to buy the equipment for $55,000. what is the amount of the gain or loss on this transaction? a. gain of $55,000 b gain of $5,000 c. no gain or loss d. cannot be determined

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
question
Business, 22.06.2019 01:20
What cylinder head operation is the technician performing in this figure?
Answers: 1
question
Business, 23.06.2019 02:40
Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?
Answers: 3
question
Business, 23.06.2019 19:50
Dallas company uses a job order costing system. the company's executives estimated that direct labor would be $4,800,000 (160,000 hours at $30/hour) and that factory overhead would be $1,400,000 for the current period. at the end of the period, the records show that there had been 190,000 hours of direct labor and $1,100,000 of actual overhead costs. using direct labor hours as a base, what was the predetermined overhead rate? (round your answer to two decimal places.)
Answers: 3
You know the right answer?
On december 31, strike company has decided to sell one of its batting cages. the initial cost of the...
Questions
question
Computers and Technology, 25.07.2019 18:00
Questions on the website: 13722362