Examlex

Solved

The Tolar Company Has 400 Obsolete Desk Calculators That Are

question 65

Multiple Choice

The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.
-What is the net advantage or disadvantage to the company from upgrading the calculators?


Definitions:

Spacebar

The longest key on a keyboard, used to insert a space character between words during typing.

SUM Function

A function used in spreadsheets and databases to calculate the total sum of a range of numeric values.

Worksheet Labels

Worksheet labels are descriptive text or identifiers used in spreadsheets to name or distinguish columns, rows, or cells.

Careful Planning

The process of thoughtfully and meticulously preparing for future activities or projects to ensure their success and mitigate risks.

Related Questions