QUESTION
51. The Tattler has a printing press sitting idly in its back room. The press has no market value to another printer bec
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-02 20:59:18
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51. The Tattler has a printing press
sitting idly in its back room. The press has no market value to another printer
because the machine utilizes old technology. The firm could get $125 for the
press as scrap metal. The press is 6 years old and originally cost $148,000.
The current book value is $2,370. The president of the firm is considering a
new project and feels he can use this press for that project. What value, if
any, should be assigned to the press as an initial cost of the new
project?
A. $0
B. $125
C. $2,245
D. $2,370
E. $2,495
AVAILABLE ANSWERS
51. The Tattler has a printing press sitting idly in its back room. The press has no market value to another printer bec
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Posted on 2016-02-02 20:59:18
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