Bloomfield's Has Some Idle Equipment That Is Debt-Free and Also

question 59

Multiple Choice

Bloomfield's has some idle equipment that is debt-free and also fully depreciated.If the company decides to use this equipment for a new project,what cost,if any,should be included for this equipment in the project's start-up costs?

• A)Zero cost
• B)Original purchase price of the equipment
• C)Original purchase price minus any tax savings realized to date on the depreciation
• D)Current market value of the equipment
• E)Annual storage cost for the equipment

Recognize the government's role in promoting competition and managing natural monopolies.

Analyze the effects of taxation on activities that generate external benefits or costs.

Identify the fundamental roles of government in safeguarding private property and enforcing contracts.

Understand the production and overproduction of external benefits in a free market system.

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Definitions:

Active Listener

A person who engages in listening by paying close attention, asking clarifying questions, and providing feedback.

Upward Communication

The flow of messages from lower to higher organizational levels.

Downward Communication

Follows the chain of command from top to bottom.

Leanest Form

A state or manner that is stripped down to the most essential elements, without any excess or waste.