A machine that was purchased for $120,000 has accumulated depreciation of $90,000. The business exchanges the machine for a new one. The new machine has a market value of $130,000, and the business pays $120,000 cash. Assume the exchange has commercial substance. This exchange results in a ________.
A) gain of $20,000
B) gain of $10,000
C) loss of $20,000
D) loss of $30,000
C .
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A) Mechanical observation B) Virtual observation C) Personal observation D) Perceptual observation E) Simultaneous rigor
Peter Drucker developed the _____________,which involves the decision maker’s ability to look at his or her reflection after the decision had been made and state that he or she had made the right choice.
a. Historical test b. Cycle test c. Subjective test d. Mirror test
Redesign the website to reduce the number of steps needed to place an order shows effective wording for a formal report recommendation
Indicate whether the statement is true or false
________ measures the overall effectiveness of management in generating profits with its available assets
A) Total asset turnover B) Price/earnings ratio C) Return on equity D) Return on total assets