A Fixed Asset with a Cost of $15,000 and Accumulated

question 83

Multiple Choice

A fixed asset with a cost of $15,000 and accumulated depreciation of $12,500 is sold for $1,750.What is the amount of gain or loss on disposal of the fixed asset?

• A) $750 loss
• B) $2,500 loss
• C) $2,500 gain
• D) $750 gain

Identify the origins of the blaxploitation film genre and its key figures.

Understand the sociopolitical implications of the Afro hairstyle within the African American community.

Recognize influential cultural artifacts and figures of the black power movement, such as the song "To Be Young, Gifted, and Black".

Understand key events and figures in the civil rights movement of the 1950s and 1960s.

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Definitions:

IRR Function

The Internal Rate of Return function in Excel, used to calculate an investment's profitability by finding the discount rate that makes the net present value of cash flows zero.

Initial Cash Outlay

The immediate amount of cash required to initiate a project or investment, often including costs such as capital expenditures, setup costs, and any other initial expenses.

Cash Inflows

Money or funds entering a business or project from various sources such as sales, investment, or loans.

Minimax Regret Strategy

A decision-making strategy aimed at minimizing the maximum potential regret for the worst-case scenario outcome.