The plant assets section of the comparative balance sheets of anders company is reported below.
anders company
comparative balance sheets
2017 2016
plant assets
equipment $ 180,000 $ 270,000
accum. depr.—equipment (100,000 ) (210,000 )
equipment, net $ 80,000 $ 60,000
buildings $ 380,000 $ 400,000
accum. depr.—buildings (100,000 ) (285,000 )
buildings, net $ 280,000 $ 115,000
during 2017, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000.
1. how much cash did anders receive from the sale of equipment?

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.

Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.