A Piece of Machinery Cost $50,000

question 118

Multiple Choice

A piece of machinery cost $50,000.00 when purchased and has been depreciated half of its value. Assuming the machinery can be sold for $30,000.00, how much accounting profit does the machinery generate?

• A)-$20,000.00
• B)$5,000.00
• C)$30,000.00
• D)$25,000.00

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Definitions:

Amygdala

A section of the brain's limbic system involved in emotion, particularly fear and pleasure.

Hippocampus

A critical region of the brain involved in memory formation, organization, and retrieval.

Memory Consolidation

The process by which short-term memories are solidified and transformed into long-term memories, making them more stable and durable over time.

Long-Term Storage

The phase of memory in which information is held indefinitely in the brain for later retrieval.