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3 years ago

About what percentage of land in the United States is privately owned by citizens, corporations and nonprofit organizations?

Business

1 answer:

AleksAgata [21]3 years ago

5 0

Answer:

Approximately 60% of total US land is owned by private individuals, corporations and nonprofit organizations, while the remaining 40% is owned by American Indians, and federal, state and local governments.

The vast majority of privately owned land is held by farmers, ranchers and forest owners (57% of total), while nearly 80 million urban landowners account for 2% of the total.

The federal government owns approximately 33% of all the US land.

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At the end of its first year, the trial balance of Nygaard Company shows Equipment 532,900 and zero balances in Accumulated Depr

liq [111]

Answer:

Debit: Depreciation Equipment Expense: 4.400

Credit: Accumulated Depreciation Equipent: 4.400

Explanation:

As were never register any entry for Drepreciaton during the year, we must register the total ammount of the year.

The normal balance for the expense account is an expense and for the accumulated depreciation is a credit.

Lets go to see the T accounts:

<u>EQUIPMENT</u>

DEBIT CREDIT

532 900,00

Accumulated Depreciation

DEBIT CREDIT

4.400

Expense Depreciacion

DEBIT CREDIT

4.400

BALANCE SHEET PRESENTATION:

ASSETS

FIXED ASSETS

EQUIPMENT 532.000

Accumulated Depreciation -4.400

NET FIXED ASSETS 528.500

5 0

3 years ago

Hannah, a computer engineer at Imagework Inc., observes that a few computers in her office need an upgrade as they seem to have

Dvinal [7]

Answer:

Option A ( Initiator) is correct

Explanation:

Initiator is the purchasing role that Hannah is playing in this case. As she identified the need to buy a particular product i.e computers to solve the problem of the organization.

7 0

4 years ago

Pelcher Co. maintains a $400 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date repr

vitfil [10]

Answer:

The amount of cash before the replenishment is $84.

Explanation:

Because the accumulated receipts are $320 ($110+$140+$70), that give us a total of $80 in cash ($400-$320=$80). However, we have a cash overage of $4, which means that we need to add this money to the amount of cash in the fund ($80+$4=$84).

5 0

3 years ago

Read 2 more answers

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-

Romashka-Z-Leto [24]

Answer:

The EMV for option a is $5,679,100

The EMV for option b is $5,719,200

Therefore, option b has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing.

There are these following probabilities:

77% probability of selling 100,000 units at $610 each.

23% probability of selling 70,000 units at $610 each.

$EMV = 0.77*E_{1} + 0.23*E_{2}$

$E_{1} = 100,000*610 = 6,100,000$

$E_{2} = 70,000*610 = 4,270,000$

$EMV = 0.77*E_{1} + 0.23*E_{2} = 0.77*(6,100,000) + 0.23*(4,270,000) = 5,679,100$

(b) having the value analysis team complete a study.

There are these following probabilities:

74% probability of selling 85,000 units at $720.

26% probability of selling 70,000 units at $720.

The cost of value engineering, at 120,000. So this value is going to be dereased from the EMV.

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000$

$E_{1} = 85,000*720 = 6,120,000$

$E_{2} = 70,000*720 = 5,040,000$

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000 = 0.74*6,120,000 + 0.26*5,040,000 - 120,000 = 5,719,200$

4 0

3 years ago

What can be said about real average hourly earnings and nominal average hourly earnings between 2008 and 2010? A. Real average

Bas_tet [7]

Remainder part of the Question:

Year Nominal avg. CPI

2008 16.00 202

2009 17.00 207

2010 18.00 209

Answer:

Option D Both real and nominal average hourly earnings increased.

Explanation:

The real average hourly rate for year 2008 = 16 * 100 / 202 = 7.92%

The real average hourly rate for year 2009 = 17 * 100 / 207 = 8.21%

The real average hourly rate for year 2010 = 18 * 100 / 209 = 8.61%

We can see from the above scenario that the real avearage hourly rate has increased from the year 2008 to year 2010. We can also see that the inflation has also increased as the CPI is growing from the year 2008 to 2010.

3 0

4 years ago