The ending balance in the supplies asset accounts is the amount the company has used during the reporting period

a. True
b. False
Indicate whether the statement is true or false

False

Business

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Sala Co. is contemplating the replacement of an old machine with a new one. The following information has been gathered:

Old Machine New Machine Price $300,000 $600,000 Accumulated Depreciation 90,000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $240,000 $180,600 If the old machine is replaced, it can be sold for $24,000. Which of the following amounts is a sunk cost? a) $240,000 b) $180,600 c) $600,000 d) $210,000

Business

A community center that designs classrooms in a U-shaped manner to facilitate bringing people together is considering which aspect of crafting the service environment?

What will be an ideal response?

Business