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Anna007 [38]
3 years ago
12

Mason Corporation purchased a piece of land 5 years ago when the price of land was low. It plans to develop the land into a new

facility when their current facility reaches its production limit, which it estimates will be in 4 years. On their classified balance sheet, Mason Corporation would classify this land as
A. property, plant, and equipment.
B. an intangible asset.
C. a long-term investment.
D. a current asset.
Business
1 answer:
g100num [7]3 years ago
8 0

Answer:  A long term investment

Explanation: In simple words, those assets which are purchased by an organisation with the intent of holding them for more than one year are called long term assets.

Mason is holding the land for five years. Hence, we can say that the land will be classified as long term investment.

It could have been considered as property, plant and equipment but the new facility has not been made yet.

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A ________ management system often consists of modules such as budget planning, debt management, travel and expense management,
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Financial

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After much discussion, Chad finally agrees to go to the opera with his wife. As they are finding their seats he says, sarcastica
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e. Passive aggression

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Therefore based on the information given about Chad,This is an example of PASSIVE AGGRESSION conflict style.

3 0
3 years ago
Dave Malloy is a marketing director for the Redding Company. His recent trip to a developing Asian country got off to an awkward
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d. cultural

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Cultural barrier -

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Same is the case with Dave Malloy , as he treated the with a hearty handshake , but did not get a warm or good regards from the other person .

Because for each and every cultural and religion , the method of welcoming someone is different , hence , the case given in the question is of cultural barrier .

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When a parent owns less than 100% of a subsidiary, the noncontrolling interest shareholders are allocated their ownership percen
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A non-controlling interest, is also refered to as a minority interest, and this occurs when a has below 50% of the outstanding shares and in such case doesn't have a control over decisions as well.

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6 0
2 years ago
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