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Wewaii [24]
2 years ago
14

The period of time over which an improvement contributes to a property's value is best described as its?

Business
1 answer:
algol [13]2 years ago
5 0

The answer is economic life.

The period of time over which an improvement to the property will contribute to its value is known as its economic life.

What is economic life?

  • The estimated span of time that an asset will be beneficial to the average owner is referred to as its economic life.
  • When an asset is no longer beneficial to its owner, it is said to have reached the end of its economic life. The economic life of an asset may differ from its physical life.
  • Owners must consider the asset's net present value (NPV), internal rate of return (IRR), and return on investment when estimating the figure (ROI). Several causes can shorten or end an asset's economic life. Asset wear, deterioration, or damage diminishes the economic life of an asset.

To learn more about economic life visit:

brainly.com/question/16009925

#SPJ4

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Link Company uses a process cost system and the weighted average method. During the year the company completed 1,300 units of pr
Bumek [7]

Answer:

Cost per equivalent unit: $60

Explanation:

Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)

Total Production Cost = $90,000

Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units

Cost per equivalent unit: $90,000 / 1,500 units = $60

7 0
3 years ago
A Rhode Island company produces communion wafers for churches around the country and the world. The little company produces a lo
Furkat [3]

Answer:

80,640 wafers

Explanation:

Calculation to determine How many wafers does the cooling tube hold on average when in production

Using this formula

I = R x T

Where,

R = 112 wafers per second x 60

R = 6720 wafers per minute

T = 12 minutes

Let compute for I using the formula aboi

I = 6720 x 12

I = 80,640 wafers

Therefore How many wafers does the cooling tube hold on average when in production are 80,640 wafers

6 0
3 years ago
The sales statt at Mocmoo Real Estate is compensated primarily based on the value of the properties thay call. However, in order
Nikolay [14]

Answer:

A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.

Explanation:

there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.

The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.

If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest

5 0
3 years ago
Mary and Larry are purchasing a house for $198,000. They are making a down payment of $20,000, and they are approved for a confo
Amiraneli [1.4K]

Answer:

$11,880

Explanation:

The computation of the amount that should be expected to recieve in seller is shown below:

The maximum seller contribution should be 6% for confirming the loan as the down payment is more than 10%

So, the amount should be

= $6% of $198,000

= $11,880

7 0
3 years ago
When the units produced are equal to the units sold, the net operating income computed using the variable costing method is ____
den301095 [7]

Answer:

equal to

Explanation:

When the units produced are equal to the units sold, net operating income computed using the absorption costing approach is equal to the net operating income computed using the variable costing approach.

5 0
3 years ago
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