C relative price » sub effect & income effect
Answer:
$60,000
Explanation:
Sales Price $125,000
Less BV $140, 000
Loss on Sale $15,000
Equipment transferred at BV (Cost $140,000
Less Accumulated Depreciation. $40,000 $100,000 Depreciation.
For 2012
($100,000/5) $40,000 = $60,000
Therefore the Book Value at 12/31/2012 is $60,000
<span>True. Vertical space can be used for more storage space, however in most storage units only fifty percent of the total storage is not utilized. Using vertical space will increase the storage space</span>
Answer: A. deferred and recognized as income over the term of the lease.
Explanation:
In a sale-leaseback transaction, that is when a property is sold by a company and leased back, the property seller is the lessee and the property purchase is the lessor. In this case, a sale-leaseback will allow a company to sell an asset so that the company can raise capital, after which the asset can then be leader back.
When a company sells property and then leases it back, any gain on the sale should usually be deferred and recognized as income over the term of the lease.
The answer to this is 1000
