题目
题目

COMM_V 370 101-108 2025W1 COMM 370-Practice Midterm-2025-W1

多重下拉选择题

Concerning salvage value when assets are sold, letting: P = purchase price S: salvage value B: residual book value, When S < P:  A. If S = B [ Select ] B. If S > B [ Select ] C. If S < B [ Select ]

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思路分析
First, let's restate the scenario and the options to be analyzed. - Given: An asset with purchase price P, salvage value S, and residual book value B. The condition mentioned is S < P. - There are three statements to evaluate as potential outcomes depending on how S relates to B: A. If S = B — No tax adjustments are required. B. If S > B — There is recaptured depreciation. C. If S < B — There is a terminal loss. Now, evaluate each option in turn within the tax mechanics of asset sale and depreciation recapture. Option A: No tax adjustments are required when S = B. - When the salvage value equals the book value, the sale proceeds exactly offset the depreciated basis. There is neither a gain nor a loss re......Login to view full explanation

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