Based on the above data,what is the amount of gain or loss from acceptance of the offer?
A)$5,000 gain
B)$10,000 loss
C)$5,000 loss
D)$10,000 gain

Name: Based on the above data,what is the amount of gain or loss from acceptance of the offer? A)$5,000 gain B)$10,000 loss C)$5,000 loss D)$10,000 gain
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

The company will receive $25,000 from the offer and will pay $20,000 for the equipment. The difference is a gain of $5,000.

Based on the Above Data,what Is the Amount of Gain