A plant asset with a cost of $360,000 and accumulated depreciation of $342,000 is sold for $42,000. what is the amount of the gain or loss on disposal of the plant asset?

Brainstorming is the basic technique for developing new ideas in a group setting characterized by

A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11.

If you believe the stock market is informationally efficient, then it is a waste of time to engage in fundamental analysis. a. true b. false

During 2018, Chung Corporation earned $8,000 of cash revenue and accrued $5,000 of salaries expenses. (a) Determine the amount of net income that Chung would report on the 2018 income statement.

Which of the following is true of services? A) They focus on establishing short-term relationships. B) Insurance and haircuts are examples of tangible products. C) They include intangible products like medical care.

In order to meet and exceed customer's expectations, firms must: a. answer the questions: who, what, when, where, how, and why as they apply to customers b. constantly manipulate customers' perceptions of their needs. c.

Graphically, a change in price causes: the supply curve to shift. both supply and demand to shift. the demand curve to shift. a movement along a given supply curve, not a shift.

The June Bug has a $340,000 bond issue outstanding. These bonds have a coupon rate of 6.25 percent, pay interest semiannually, and sell at 101.2 percent of face value. The tax rate is 35 percent. What is the amount of the annual interest tax shield?

A minimum wage above $10 per hour would prevent the labor market from reaching equilibrium. a. True b. False

Garrett wants to find out what e-mails he has sent to Ron Kidd. A portion of Garrett's computer screen is shown.