Bought equipment for cash, $31,000. sold equipment with original cost of $10,000, accumulated depreciation of $7,000, for $4,000 cash. paid $6,000 on the long-term note payable. issued new shares of stock for $16,000 cash. no dividends were declared or paid. other expenses included depreciation, $12,000; wages, $13,000; taxes, $6,000; and other, $7,800.

If you want to compare two different investments, what should you calculate

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

What historical context does wiesel convey using the allusion of a fiery sky? he compares the sky to hell. the fires from air raids during world war ii the cremation of jews in the concentration camps the outbreak of forest fires from bombs in world war ii