Grove Pretzel Is Replacing an Old Pretzel Oven with a New

question 65

Multiple Choice

Grove Pretzel is replacing an old pretzel oven with a new one.The oven is being sold for $25,000 and it has a net book value of $75,000.Assume that Grove Pretzel is in the 34% income tax bracket.How much will Grove Pretzel net from the sale?

• A)$61,000
• B)$55,000
• C)$75,000
• D)$42,000

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Definitions:

Proximity to Markets

The closeness of a business location to its customers, suppliers, and other vital resources, which can impact logistics and efficiency.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a given period.

Transportation Alternatives

Different modes of transport aside from personal vehicles, such as biking, walking, public transit, and carpooling, aimed at reducing congestion and environmental impact.

Robot

Reprogrammable machine capable of performing numerous tasks that require manipulation of materials and tools.