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DochEvi [55]
3 years ago
5

Equipment was acquired for $210,000 and has accumulated depreciation of $93,000. The business exchanges this equipment for new e

quipment. The new equipment has a market value of $304,000 and the business pays $52,000 cash. Assume the exchange has commercial substance.
The exchange results in a:

(A) gain $187,000
(B) loss $187,000
(C) gain $135,000
(D) loss $135,000

Business
1 answer:
Alex787 [66]3 years ago
3 0

Answer:

(A) gain $187,000

Explanation:

Please see attachment .

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A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to
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Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = (1 + \frac{0.08}{4}) \times 4-1

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The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

1)

To pick the worksheet, click ICONV 2.

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Its previous meaning will represent the NOM.

3)

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

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DOS: C / Y = 5.00 p.m.

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3 0
3 years ago
a person who works for a firm, but is not necessarily an owner, is called multiple choice question. a shareholder an agent a sto
Vadim26 [7]

Principal: The person or entity on whose behalf and subject to whose control an agent acts.

Agent: A person who agrees to act on behalf of and instead of his or her principal, subject to the principal's control.

<h3>What is the meaning of the principal-agent problem?</h3>

The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.

<h3>What is a principal-agent relationship?</h3>

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the correct answer is

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7 0
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are added; will decline eventually

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