Use the Information Below to Answer the Following Questions

question 29

Multiple Choice

Use the information below to answer the following questions:
Tanner Ltd purchased an item of equipment on the first day of the financial period, 1 July 2010, for $200 000. The equipment was depreciated using the reducing balance method and a rate of 40%. It was sold on 1 July 2012.
-If the machine was sold for $65 000,what was the gain or loss on disposal?

• A) gain of $14 000
• B) gain of $10 000
• C) loss of $7000
• D) gain $7000.

Analyze the role of comparative reasoning in ethical discussions and decision-making.

Develop the ability to discern between more and less comprehensive comparisons in reasoning.

Develop the ability to discern between more and less productive comparisons in reasoning.

Understand the potential for comparative reasoning to create a false sense of relevance and applicability.

---

Definitions:

Forecast

Prediction or estimation of future events or trends, especially regarding economics or weather.

Forecasted Market Return

An estimation of the future returns that will be generated by the market over a specific period.

T-Bill Rate

The yield or interest rate paid to investors in U.S. Treasury bills, often seen as a benchmark for short-term interest rates.

Adjusted Beta

A measurement that accounts for potential changes in the volatility or risk of a stock's returns, used to better predict future performance by adjusting historical beta values.