Hi-Tech Inc

question 83

Multiple Choice

Hi-Tech Inc.has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600.They could be updated for an additional $2,400 and sold.If Hi-Tech updates the computers and sells them, net income will increase by $9,000.
-At what price were the updated versions sold?

• A)$26,800
• B)$13,200
• C)$13,600
• D)$16,000

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Definitions:

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A sentence type that combines two or more independent clauses, usually with conjunctions, to express complex relationships.

Indirect Method

A financial reporting approach where cash flows from operating activities are derived indirectly by adjusting net income for non-cash transactions.

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The practice of delivering unfavorable or disappointing information in a thoughtful, sensitive manner.

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The process of mending or improving the state of a relationship that has been damaged or strained.