A plant asset with a cost of $360,000 and accumulated depreciation of $342,000 is sold for $42,000. What is the amount of the gain or loss on disposal of the plant asset? a. $42,000 loss.
b. $24,000 loss.
c. $24,000 gain.
d. $42,000 gain.

d

step-by-step explanation:

costs the what? what is the cost of the pants?

step-by-step explanation:

if it is $10, then the price is 14.

take 40% of the cost, and then add the cost.

40% of 10 = 4

4+10 = 14.

answer: first option i.e. 'a' is correct.

step-by-step explanation:

since we have given that

number of minutes to wrap a small gift box = 4 minutes

we need to find the number of gifts to be wrapped in 5 minutes

since there is a direct variation, as the number of minutes will increase with   number of gifts to be wrapped.

so, let the number of gifts to be wrapped in 5 minutes be x.

so, it becomes,

hence, first option 'a'   is correct.

1.3 million hoops i believe