Amachine was purchased at a cost of $78,000. the equipment had an estimated useful life of five years and a residual value of $3,000. assuming the equipment was sold at the end of year 4 for $8,000, determine the gain or loss on the sale of equipment. (assume the straight-line depreciation method.)
a. a loss of $18,000
b. a loss of $10,000
c. a gain of $10,000
d. a gain of $18,000

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

How much does a neurosurgeon can make most in canada? give me answer in candian dollar

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?