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 .

Business

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Explain the relationship between the number and size of buyers for a product or service and the level of power those buyers can exert on a company

What will be an ideal response?

Business

Quantity discounts lower the unit cost

A) but tend to increase the required batch size and as a result, reduce the cycle inventory. B) but tend to increase the required batch size and as a result the cycle inventory. C) and tend to reduce the required batch size and as a result the cycle inventory. D) and tend to reduce the required batch size and as a result, increase the cycle inventory.

Business