Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the tolar corporation has 400 obsolete desk calcul

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a...

80.2K

Verified Solution

Question

Accounting

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calculators are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. As an alternative, the calculators can be sold in their present condition for $40,000.
What is the financial advantage (disadvantage) to the company from upgrading the calculators?
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

DIRECT METHOD EXAMPLE: A buffer was created by mixing 10 mL of a 0.10 M hydrofluoric...

Chemistry
Q

All necessary steps much show for these problems, please. Use the Euclidean algorithm to find gcd(12345,...

Advance Math
Q

explain how neurotransmitters are removed from the synaptic cleft

Biology
Q

Which of the following is an example of a uniform distribution?a. Length of time you...

Basic Math
Q

Show that T is a linear transformation by finding a matrix that implements the mapping...

Algebra
Q

Solve the system of equations X y Z 12x 8y 18c 6x 1 3z 13y...

Algebra
Q

For a given arithmetic sequence, the first term, a?, is equal to -18, and the...

Algebra
Q

uno company sold office equipment with a cost of $43,390 and accumulated depreciation of $38,645...

Accounting
Q

Wilmington Company has two manufacturing departments - Assembly and Fabrication. It...

Accounting
Q

In 2025, Sheridan Corporation disposed of Donna Division, a major component of its business. Sheridan...

Accounting
Q

What does total equity measure and why is it an important item for Management to...

Accounting
Q

Head-First Company plans to sell 5,800 bicycle helmets at $67 each in the coming year....

Accounting