A Company Exchanged Its Used Machine for a New Machine

question 207

Essay

A company exchanged its used machine for a new machine.The old machine cost $70,000 and the new one had a cash price of $95,000.The company had taken $60,000 depreciation on the old machine and was allowed a $2,500 trade-in allowance and the balance of $92,500 was paid in cash.What gain or loss should be recorded on the exchange?

Recognize the basic emotions and theories related to emotional experiences.

Understand the impact of psychological factors on physical health and behavior.

Interpret the role of physiological changes in the experience of emotions.

Analyze the nonverbal indicators of emotion, including facial expressions and body posture.

---

Definitions:

Verbal Reprimands

Disciplinary actions involving spoken warnings or scoldings to correct or deter undesirable behavior.

Ethical Procedures

Guidelines and principles designed to ensure fairness, respect, and integrity in research and professional practice.

Milgram's Obedience Studies

A collection of experiments in social psychology carried out by Stanley Milgram, assessing how likely individuals are to follow orders from an authority figure that clash with their own moral compass.

Obedience

The act of following orders or directions from authority, or conforming to rules or laws.