Answer:
c. $7,500 ordinary gain
Explanation:
Depreciated value of Machine = $55,000 - $12,500
= $ 42,500
Sale price of Machine = $ 50,000
Gain on sale of Asset = $ 50,000 - $ 42,500
= $ 7,500
Therefore, The amount and character of Butte's gain or loss is $7,500 ordinary gain.
Option D is true, the price of the good sold will rise under either policy and there will be a reduction in the level of production
Explanation:
Carbon-free is an effective way, even though the economy puts a monetary price above it and gives a value to the actual cost. Since the pollutant price is still in place, polluters are motivated to reduce pollution and to decide how far the gasses are produced.
In comparison, the restriction or cap on pollution can be published from industry by the cap-and-trade system. This limit is decreased in many cases after the pollution goal is met. If this is the case, the law requires polluters to buy the remaining quota from others with low emissions and generate more than the allotted quota.
Both methodologies will increase the cost of the good generated because it is distortionary. Production should however be decreased because of the control of pollution.
Answer is Capital Budgeting
Reason
Evaluating and planning for long term investments and risk of future cash flows is capital budgeting.
Based on the accrual method, the correct entry for $10,000 worth of services would be a debit to accounts receivable for $10,000 and a credit to Sales revenue for $10,000.
<h3>Why is this the correct entry?</h3><h3 />
The company has performed a certain service for a customer and hasn't been paid for it. The customer therefore owes the company which makes them an account receivable.
The $10,000 will be considered revenue by the company so they will credit the revenue account. Accounts Receivables are assets so this account will be debited.
Find out more on accounts receivables at brainly.com/question/24871345.
Answer is c
Hope that helps
