Assume you purchased a crane for $900,000 ten years ago. Accumulated depreciation has a balance of $460,000 and you sell the crane for $480,000. What is the book value of the crane
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Assume you purchased a crane for $900,000 ten years ago. Accumulated depreciation has a balance of $460,000 and you sell the crane for ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
To purchase a home, a buyer obtained a $42,500 mortgage loan at 9 3/4% interest for 25 years. The mortgage loan closed on June 15; however, at the closing interest was prepaid to the end of the month. Which of the following is true?
Answers (1)
According to the Bretton Woods system, which of the following statements is true? The exchange rate of the dollar was allowed to unilaterally change. Only the US dollar was convertible to gold. All currencies were required to be gold convertible.
Answers (1)
Ayayai Corp. bought equipment on January 1, 2017. The equipment cost $470000 and had an expected salvage value of $70000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is
Answers (1)
Who delivers your offer to the seller?
Answers (1)
Which of the events is likely to occur when the business cycle is in a period of recession (contraction) ? an increase in the standard of living an increase in unemployment an increase in GDP (gross domestic product) an increase in economic growth
Answers (1)
New Questions in Business
Preferred stock of leaping dolphin inc. pays 8% on the $100 par value. what is the value of the stock if the appropriate discount rate is 6%?
Answers (1)
Rachelle transfers property with a tax basis of $800 and a fair market value of $900 to a corporation in exchange for stock with a fair market value of $750 and $50 in cash in a transaction that qualifies for deferral under section 351.
Answers (1)
If the demand for a product is elastic the value of the price elasticity coefficient is
Answers (1)
4. If a person was interested in building houses, what are two jobs within the construction industry that might interest them?
Answers (2)
Toyota's remarkable growth as a multinational company is uniquely associated with which of the following? A. Jidoka B. Chaebols C. Kaizen and jidoka D. Kaizen and chaebols
Answers (2)