A copy machine costs $45,000 when new and has accumulated depreciation of $44,000. Suppose Print and Photo Center junks this machine and receives nothing. What is the result of the disposal transaction?
a.) No gain or loss
b.) Gain of $1,000
c.) Loss of $1,000
d.) No gain or loss
Answer: c.) Loss of $1,000
Business
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Actual authority includes both expressed authority and implied authority
Indicate whether the statement is true or false
Business
Compared with lowest-cost strategies, successful attainment of differentiation strategies depends on ________
A) employee creativity B) openness to novel work approaches C) willingness to take risks D) all of the above
Business