The following data came from the balance sheet of Han Company as of December 31, 20X2. Dec. 31, 20X2 Dec. 31, 20X1
Machine $3,500 $2,950
Accumulated depreciation on machines 1,400 1,300
Cash 135 180
The following additional data were found in Han Company’s financial statements for 20X2.
Sales $10,000
Cash dividends paid 65
New machines purchases (for cash) 1,000
Net income 300
Depreciation expense 270
Gain on sale of old machines 210
How much cash did Han Company receive from the sale of old machines during the year?(Assume that all machine sales were cash transactions.)

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.