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zhannawk [14.2K]
3 years ago
6

When land is purchased to construct a new building, the cost of removing any structures on the land should be charged to the bui

lding account.
a. True
b. False?
Business
1 answer:
Blizzard [7]3 years ago
3 0

the answer is a yep its a


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The purpose of determining the critical path on a pert network is to: identify the sequence of tasks that takes the longest to c
natita [175]

Answer:

Identify the sequence of tasks that take the longest to complete

Explanation:

Program Evaluation and Review Technique (PERT) is a project management tool that is used to manage potential contingencies in the process of executing a project. It is used to schedule ,organize and coordinate tasks in a project.

Determining the critical path on a PERT network lists out the time required for different tasks to be completed and as a result , the sequence of tasks that require the longest time are identified.

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3 years ago
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Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be ______
Alex

Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be _<u>higher</u><u>_</u>and real GDP to be <u>higher.</u>

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What is Expansionary fiscal policy ?</h3>

Expansionary fiscal policy can be defined as the type of fiscal policy in which government intend to increase the aggregate money supply while on the other hand cut or reduce the tax rate for the purpose of economy growth.

In a situation were real GDP fall below potential real GDP this tend to lead to increase in both inflation rate and real GDP.

Inconclusion the inflation rate will be _<u>higher</u><u>_</u>and real GDP will be <u>higher.</u>

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Learn more about Expansionary fiscal policy here:brainly.com/question/546292?source=archive

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1 year ago
Suppose MBI Co. is expected to pay a $0.60 dividend per share next year. Wall Street analysts project the stock will sell for $3
neonofarm [45]

Answer:

$32.60

Explanation:

Data provided in the question:

Dividend paid per share = $0.60

Market price per share = $35.75

Required returns, r = 11.5% = 0.115

Now,

Current price = [ Dividend paid per share + Market price per share ] ÷ ( 1 + r )

= [ $0.60 + $35.75 ] ÷ ( 1 + 0.115 )

= $36.35 ÷ 1.115

= $32.60

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3 years ago
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and
Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

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<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

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3 years ago
Increased government spending for investments such as highways or harbors financed by increasing the public debt would most like
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Complement private investment

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