Cranston Instrumentation sold a depreciable asset for cash of $150,000. The original cost of the asset was $600,000. Cranston recognized a gain of $22,500 on the sale. What was the amount of accumulated depreciation on the asset at the time of its sale?

An order from a lower price buyer should be accepted if the expected revenue from a higher price buyer is lower than the current revenue from the lower price buyer

Indicate whether the statement is true or false.

The ________ acquaints lenders and investors with the nature of the business and the general goals and objectives of the company

A) executive summary B) company history C) business and industry profile D) marketing strategy