Suppose You Sell a Fixed Asset for $99,000 When Its

question 107

Multiple Choice

Suppose you sell a fixed asset for $99,000 when its book value is $75,000. If your company's marginal tax rate is 39 percent, what is the pre-tax gain or loss on the sale of the asset?

• A) $10,300
• B) $11,600
• C) $14,640
• D) $24,000

Recognize the roles and responsibilities involved in job analysis and its significance in compensation strategy.

Evaluate current compensation practices and the criteria for their success.

Identify the characteristics of effective compensation systems and their alignment with organizational goals.

Distinguish between different types of rewards and their motivational implications.

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Definitions:

Bicyclic Alkane

A type of hydrocarbon that contains two connected rings in its structure.

Bridged Bicyclic

A compound featuring two ring structures connected by a bridge that includes atoms not part of the rings, leading to a three-dimensional structure.

Newman Projections

A method of visualizing the conformation of a chemical compound through a projection along a carbon-carbon bond axis.

Butane

A gaseous hydrocarbon with the formula C4H10, used as fuel and in organic synthesis.