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Pecan Company sold a computer for $50,000. The computer's original cost was $250,000, and the accumulated depreciation at the date of sale was $180,000. The sale of the computer should appear on Pecan's annual statement of cash flows (indirect method) as
Microchips
Microchips are small semiconductor devices containing integrated circuits used in a wide range of electronic devices to perform computational or control functions.
Tires
Rubber components mounted on wheel rims, providing traction and absorbing shocks from the road surface for vehicles.
Absolute Advantage
The ability of an individual, company, or nation to produce a good or service more efficiently than competitors, using the same amount of resources.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than its competitors, underpinning international trade benefits.
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