A photocopier cost $102,000 when new and has accumulated depreciation of $90,000. If the business discards this plant asset, the result is ________
A) a loss of $12,000
B) a loss of $11,250
C) a gain of $12,000
D) no gain or no loss
A .Loss on disposal = $102,000 - $90,000 = $12,000
Business
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a. true b. false
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Starting from lowest to highest, rank the initial premium paid by the client for these insurance policies below:
A. Ordinary whole life, modified whole life, single premium whole life B. Single premium whole life, modified whole life, ordinary whole life C. Modified whole life, ordinary whole life, single premium whole life D. Modified whole life, single premium whole life, ordinary whole life
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