When a company reports a loss on the sale of a depreciable asset, which of the following is always true? multiple choice
a. the company sold the asset for less than book value.
b. the company sold the asset before the useful life was over.
c. the company sold the asset for less than accumulated depreciation.
d. the company sold the asset for less than fair value.

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?