6) Which of the following is not considered an intangible asset? Trademark Franchises Trade receivable Goodwill 7) Shares that have been sold and are in the hands of stockholders are called: Issued Treasury Underwritten Outstanding 8) A gain is recognized on the disposal of plant assets when: The sales price is greater than the book value and greater than the residual value The sales price is greater than the residual value but less than the book value. The sales price is less than both the book value and the residual value. The sales price is greater than the book value and less than the residual value