Worley truck rental uses the group depreciation method for its fleet of trucks. when it retires one of its trucks and receives cash from a salvage company, the carrying value of property, plant, and equipment will be decreased by thea) original cost of the truck less the cash proceeds. b) cash proceeds received and original cost of the truck. c) original cost of the truck. d) cash proceeds received.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%