Hyde Company traded in an old machine with a book value of $15,000 on a new machine. The exchange did not have commercial substance. The new machine, which had a cash price of $75,000, was purchased for $64,000 cash plus the old machine. Hyde should record the cost of the new machine as

How is McDonald's thinking strategically about cutting costs by $300 million by 2017?

a. Lowering the quality of its food b. Franchising 90% of the restaurants c. Raising its prices by 2% d. Offering fewer items on the menu

Which of the following is an example of a deliverable?

A. Budget for project B. Completion date C. User manual D. Available resources