subject
Business, 25.10.2019 19:43 martdrea13

Afixed asset with a cost of $41,000 and accumulated depreciation of $36,000 is traded for a similar asset priced at $50,000 (fair market value) in a transaction with commercial substance. assuming a trade-in allowance of $4,000,at what cost will the new equipment be recorded in the books?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:00
Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic
Answers: 2
question
Business, 22.06.2019 21:50
By which distribution system is more than 90 percent of u.s. coal shipped? a. pipelinesb. trucksc. waterwaysd. railroadse. none of the above
Answers: 1
question
Business, 22.06.2019 22:10
Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.
Answers: 3
question
Business, 22.06.2019 22:30
Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a baby boomer, takes advantage of the free computer training offered at the company. these policies are examples of
Answers: 3
You know the right answer?
Afixed asset with a cost of $41,000 and accumulated depreciation of $36,000 is traded for a similar...
Questions
question
History, 28.10.2020 01:50
question
Social Studies, 28.10.2020 01:50
question
Computers and Technology, 28.10.2020 01:50
question
History, 28.10.2020 01:50
question
Mathematics, 28.10.2020 01:50
Questions on the website: 13722359