Exhibit 11-03 ? ? On January 1, 2016, Wheeler, Inc purchased some equipment for $3,900. The equipment had an estimated life of five years and an expected residual value of $200. On July, 1, 2018, the equipment was sold for $1,000. Wheeler uses straight-line depreciation. Refer to Exhibit 11-03, what was the amount of the loss or gain recognized in the sale?
A) $1,000 gain
B) $1,850 gain
C) $1,050 loss
D) $3,900 loss
C
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The difference between a firm's immediate marketing environment and its macroenvironment is that the macroenvironment
A. is internal. B. has fewer components. C. is easier to control. D. is external. E. is easier to understand.
While there are many routes to competitive advantage, the two biggest factors that distinguish one competitive strategy from another are
A. whether a company's target market is broad or narrow and whether the company is pursuing a low-cost or differentiation strategy. B. whether a company's overall costs are lower than competitors' and whether the company can achieve strong product differentiation. C. whether a company can build a brand name and an image that buyers trust. D. whether a company can achieve lower costs than rivals and whether the company is pursuing the industry's sales and market share leader's role. E. whether a company can offer the lowest possible prices and whether the company can get the best suppliers in the market.
A holographic will is an oral will.
Answer the following statement true (T) or false (F)
Avon, Inc., has analyzed the market potential in its territories and set sales quotas for its salespeople. It is now in a good position to develop ________ indexes at the end of the year.
A. PERT B. contribution C. sales D. performance E. MIS