autumnskye1
24.04.2020 •
Business
On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $231,195.00 with an accumulated depreciation of $219,635.25. Depreciation has been taken up to the end of the year. The company found a company that is willing to buy the equipment for $26,587.43. What is the amount of the gain or loss on this transaction? Select the correct answer. Gain of $26,587.43 Loss of $15,027.68 Gain of $15,027.68 Cannot be determined
Solved
Show answers
More tips
- A Animals and plants What Do Terriers Eat?...
- F Food and Cooking Discover the Benefits and Properties of Dates...
- C Computers and Internet Dynamically Assigned IP Address: What Is It and How Does It Work?...
- S Style and Beauty How to Get Rid of Acne: Scientifically Proven Methods...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
Answers on questions: Business
- B Business You have $100 to invest. If you put the money into an account earning 5% interest compoundedannually, how much money will you have in 10 years...
- M Mathematics The coefficients of a, b, and c in the following quadratic equation are a = 4, b = 4, and c = -1: 4x2 + 4x + 1 = 0...
- M Mathematics Write and evaluate an expression for the area of a circular pizza....
Ответ:
Equity Capital
Explanation:
Equity Capital provides the largest source of finance for most businesses. However the downside of this source of finance is that investors require an ownership in the firm being invested. Therefore, Brooke is dealing with Equity Capital.