Masonry Construction Group paid $12,000 for a plant asset that had a market value of $14,500. At which of the following amounts should the plant asset be recorded?

A) $14,500
B) $6000
C) $12,000
D) $24,000


C) $12,000

Business

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Which of the following is NOT true regarding behavioral observations of firms making a decision to invest internationally?

A) MNEs initially invest in countries with a similar "national psychic." B) Firms eventually take greater risks in terms of the national psychic of countries in which they invest. C) Initial investments tend to be much larger than subsequent ones. D) All of the above have been observed.

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Use Form 1040EZ to calculate the tax due for Dale Couturiaux. He is a single student who earned $17,200 in wages and $450 in bonuses. Dale has no exemptions other than himself. Assume his standard deduction is $5,450 and a single exemption is $3,500

a. $891 b. $906 c. $884 d. $886

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________ seeks to enhance human perception by combining a live direct view of the physical world with computer-generated images

A) AR B) VRML C) CAD D) KWS E) LMS

Business

Cash receipts from the sale of investments would be classified as a financing activity.

Answer the following statement true (T) or false (F)

Business