The amount the asset is carried at in the accounting record

Assignment Help Finance Basics
Reference no: EM13832231

A company disposes of equipment that it no longer uses in its business. The amount received by the company is more than the amount the asset is carried at in the accounting records. The company will report a(n)

 

 

Reference no: EM13832231

Questions Cloud

Explain what made it so surprising or interesting : Discuss the one that surprised or interested you the most. Explain what made it so surprising or interesting.
Ecological environment or community and csr : Current approaches to the topic of CSR in ecological environment or Community and CSR - What kinds of data does it use to back up its argument?
Report the incident to the faa : Report the incident to the FAA (the other airline will be able to ascertain who made the report). Phone the president of the other airline and tell him what you heard. You are on neutral terms with that person as he is your competitor
Drawing lewis structures : 1. Determine the total number of valence electrons; for polyatomic ions remember to adjust for charge. 2. Arrange atoms in a skeleton structure and connect them with single bonds.
The amount the asset is carried at in the accounting record : A company disposes of equipment that it no longer uses in its business. The amount received by the company is more than the amount the asset is carried at in the accounting records. The company will report a(n)
Write a complete program to calculate the angle : Write a complete program to calculate the angle, the perimeter, the area, the radius of the inscribed circle, the radius of the circumscribed circle of a polygon, and the positive difference of the two radii given the input of the length of one si..
How much down payment will the person put down : A person wants to buy a house. The total fixed price for the house is $275,000. The person will put a down payment of 20%. The interest rate is 5.1% fixed for 30 year term. How much down payment will the person put down?  What is the monthly payment?..
Capital budgeting methods are presented : Assume that two gas stations are for sale with the following cash flows; CF1 is the Cash Flow in the first year, and CF2 is the Cash Flow in the second year. This is the time line and data used in calculating the Payback Period, Net Present Value, an..
Advantages and disadvantages of closed-end country funds : Discuss the advantages and disadvantages of closed-end country funds (CECFs) relative to American depository receipts (ADRs) as a means of international diversification. Why do you think closed-end country funds often trade at a premium or discount? ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Question is about the role of investment banks

What is the role of investment banks in IPOs? How do they make their money?

  Jason janitorial provided data concerning the costs

jason janitorial provided data concerning the costs incurred to clean hotel rooms for which hotel customers pay 150 per

  Why should financial decision makers obtain a good estimate

why should financial decision makers obtain a good estimate of a firms cost of capital?what are the consequences of

  Find the expected npv

The required rate of return is 12% and the cash flows from a potential project under three scenarios are below.

  Explain how asset allocation could have helped

Wwhen they faced losses due to an economic downturn. Explain how asset allocation could have helped the Pattersons

  Traditional inventory system

Assume the inventory ratio is based on a traditional inventory system, but globalized markets and the supply chain make it critical to adopt lean principles to create a more efficient system.

  Identify and explain one strategy presented

Identify and explain one strategy presented in this video that you think is important to apply to their future retirement needs. Why do you feel this is an important strategy?

  What is the amount of melisa total itemized deductions

In the current year, Melissa, a single employee whose AGI is $100,000 before any of the items below,ncurs the following expenses.

  The role of finance in healthcare organizations has increase

True or False: The role of finance in healthcare organizations has increased in importance over time because the finance function must support a multitude of activities such as cost containment, payer negotiations, and joint venture activities. The s..

  Should the cemetery business be started

The company is somewhat unsure about the assumption of a 6 % growth rate in its cash flows. At what constant growth rate would the company just break even if it still required a 13 % return on investment?

  How capital markets are efficient

The ceo of high tech inter. decides to change an accounting method at the end of the current year. the change results in reported profits increasing by 5%, but the companys cash flows are not changed.

  Capital budgeting and capital structure

"Capital Budgeting and Capital Structure" Please respond to the following:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd