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shutvik [7]
3 years ago
5

Ringler Corporation exchanges one plant asset for a similar plant asset and gives cash in the exchange. The exchange is not expe

cted to cause a material change in the future cash flows for either entity. If a gain on the disposal of the old asset is indicated, the gain will
Business
1 answer:
Thepotemich [5.8K]3 years ago
4 0

Answer:

Explanation:

In this scenario, If a gain on the disposal of the old asset is indicated, the gain will effectively reduce the amount to be recorded as the cost of the new asset. This is because the old asset was exchanged but Ringler Corporation still had to spend some money during the transaction to acquire the new asset, therefore any gain on the disposal of the old asset will ultimately recover some of those costs thus reducing the recorded cost.

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Answer:

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- (D) A firm director describes the differences between documentary and fictional films to a group of people.

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3 years ago
I have been struggling with quizzes
Rudiy27

Answer:

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Explanation:

6 0
3 years ago
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miss Akunina [59]

Answer:

Option c. Decreasing returns to the ideas stock but increasing returns overall

Explanation:

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ohaa [14]

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