Reba company received $60,000 in cash and used equipment with a fair value of $160,000 from fargo corporation in exchange for reba's existing equipment, which had a fair value of $210,000 and an undepreciated cost of $170,000 recorded on its books. the transaction was undertaken because reba was revising its market strategy and planned to reduce the use of this type of equipment in its production. how much gain should reba recognize on this exchange and at what value should the acquired equipment be recorded, respectively?

gain – $10,000 and equipment – $150,000

gain – $10,000 and equipment – $160,000
gain – $40,000 and equipment – $150,000
gain – $40,000 and equipment – $160,000

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

the correct answer is b.)

answer; break-even analysis;

250 tickets needs to be sold.