Sala Co. is contemplating the replacement of an old machine with a new one. The following information has been gathered Old Machine New Machine
Price
$300,000
$600,000
Accumulated Depreciation
90,000
-0-
Remaining useful life
10 years
-0-
Useful life
-0-
10 years
Annual operating costs
$240.000
$180,600
the old machine is replaced it can be sold for $24,000.
Which of the following amounts is a sunk cost
a $240.000
b. $180.600
$600 000
d. $210 000

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

What is used by accountant to analyze transactions ?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.