A Firm Had a Piece of Machinery That Cost $7,000

question 47

Multiple Choice

A firm had a piece of machinery that cost $7,000 when new and has accumulated $4,500 in depreciation. If the machine is sold for $4,000, which of the following is true?

• A)The firm has a taxable gain of $4,000 on the sale of the machine
• B)The firm has a taxable gain of $1,500 on the sale of the machine
• C)The firm has a deductible loss of $3,000 on the sale of the machine
• D)The firm has a taxable gain of $7,000 on the sale of the machine

Evaluate situations where organizations or government entities can be blamed for the outcomes of natural disasters and understand the implications.

Recognize the benefits of engaging in issues management for preventing or mitigating crises.

Compare and contrast different organizational responses to crises, understanding the stages of the issue life cycle.

Understand the variability and overlap in terms used to describe leadership behavior.

---

Definitions:

Infrared Pyrometer

A device that measures temperature from a distance by detecting infrared radiation emitted by an object.

Scan Tool

A device used to interface with a vehicle's computer systems for diagnosing malfunctions and resetting system alerts.

Thermocouple

A device consisting of two different conductors that produces a voltage, proportional to a temperature difference, used for temperature measurements.

Premixed Solutions

Solutions that are prepared in advance by mixing two or more components in specified ratios before use.