Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the tolar corporation has 500 obsolete desk calcul

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a...

60.1K

Verified Solution

Question

Accounting

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calculators are upgraded at a total cost of $120,000, they can be sold for a total of $180,000. As an alternative, the calculators can be sold in their present condition for $50,000.

What is the financial advantage (disadvantage) to the company from upgrading the calculators?

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

You are planning to save for retirement over the next 30 years. To save for retirement,...

Finance
Q

In 350 words, provide a definition of levels of measurements. Then explain why they are important.

Basic Math
Q

The most common type of contractual vertical marketing system is the franchise organisation. visit the international franchise...

General Management
Q

Reflect on what you have learned in this module by answering these questions: As a Human Resource...

General Management
Q

1. XYZ corp is a private company without publicly traded equity. you need to determine what...

Finance
Q

Solve the compound inequality.-4xs-12 or 2x-262-12Select the correct choice below and, if necessary, fill in...

Basic Math
Q

Simplify.sinx - cos x(cos(-x))sinx

Calculus
Q

73 Use the graph of f x to evaluate f 4 Ay 84 48 46...

Algebra
Q

Evaluate the expression if x 2 y 9 and z 3 If an answer is...

Algebra
Q

Let U a b c d e f g h i j k A b...

Algebra
Q

4. (TCO A) Which of the following constitutes tax evasion? Arranging your affairs to keep...

Accounting
Q

View Policies Current Attempt in Progress Kale Wilson, an auditor with Sneed Chartered Accountants, is...

Accounting