1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rufina [12.5K]
4 years ago
6

A company sold a machine that originally cost $250,000 for $120,000 when accumulated depreciation on the machine was $100,000. t

he gain or loss recorded on the sale of this machine is
Business
1 answer:
Ghella [55]4 years ago
7 0
$250000-$100000=$150000
$150000-$120000=$30000

So it's a gain, a gain of $30000
Hope this helps.
You might be interested in
An increase in the demand for a good is represented by:
Oksanka [162]

2. A right shift to a new demand curve
3 0
4 years ago
What are the advantages of a bank savings account?
Schach [20]
The right answer for the question that is being asked and shown above is that: "High liquidity, high rate of return" the advantages of a bank savings account is that of <span>High liquidity, high rate of return</span>
7 0
3 years ago
Read 2 more answers
What is a dishonoured cheque​
torisob [31]

Answer:

that means what

Explanation:

can you tell

6 0
3 years ago
Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
timurjin [86]

Answer:

14.58%

Explanation:

Return on Bond is the actual rate that is received by an investor on investment in bond.  

As per given data

After Tax return = 10.50%

Tax Rate = 28%

Deduction of 28% withholding tax will be made on the return of the bond in that country where investment is made and investor will have return net of tax.

We can calculate the after tax return on the bond as follow

After tax return = Before tax return x ( 1 - Tax rate )

10.5% = Before tax return x ( 1 - 28% )

0.105 = Before tax return x ( 1 - 0.28 )

0.105 = Before tax return x 0.72

Before tax return = 0.105 / 0.72

Before tax return =  0.1458 = 14.58%

4 0
4 years ago
Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating
DerKrebs [107]

Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

Break-even point= fixed costs/ contribution margin

Break-even point (dollars)= fixed costs/ contribution margin ratio

Contribution margin= selling price - unitary variable cost

Contribution margin ratio= contribution margin/ selling price

6 0
4 years ago
Other questions:
  • As described in a recent annual report, Verizon Communications provides wireless voice and data services across one of the most
    6·1 answer
  • For jacobs company, the predetermined overhead rate is 70% of direct labor cost. during the month, $600,000 of factory labor cos
    10·1 answer
  • Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend
    11·1 answer
  • Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginnint i
    13·1 answer
  • A company rents a small building with 10,000 square feet of space for $100,000 per year. The rent is allocated to the company's
    8·1 answer
  • Melinda is a very popular executive. She inspires her employees to follow a common vision, facilitates change, and creates a str
    13·1 answer
  • Acme industries, inc. is a family business founded by wile
    10·1 answer
  • RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
    8·1 answer
  • The best life insurance policy for the payment of federal estate taxes for a 55-year-old couple with illiquid assets is:________
    12·2 answers
  • How can professional assist school leavers to be successful business owners
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!