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3 years ago

Putting together two or more parcels of land to make a large piece is called:________.

Business

1 answer:

NeTakaya3 years ago

6 0

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000.

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In a statement of cash flows, the sum of cash inflows and outflows is equal to:

PolarNik [594]

When in the statement of cashflows, the cash inflows and the outflows are added, the result is the change in the cash balance. 

The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.

The statement includes:

Cash outflows which are deductions
Cash inflows which bring in money

Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.

In conclusion, adding the cash inflows and outflows shows the change in cash.

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5 0

2 years ago

Hitachi, Ltd., reports total revenues of ¥9,616,202 million for its current fiscal year, and its current fiscal year-end unadjus

BartSMP [9]

Answer:

Debit Bad debts expense:¥28,464,808,000

Credit Allowance for doubtful account:¥28,464,808,000

Debit Bad debts expense: ¥45,958,700,000

Credit Allowance for doubtful account: ¥45,958,700,000

Explanation:

a. The amount of bad debts expense assuming uncollectibles:

0.4%x¥9,616,202,000,000=¥38,464,808,000

Unadjusted trial balance reports a credit balance of ¥10,000 million for the allowance for doubtful accounts, Hitachi must recording the difference amount: ¥38,464,808,000-¥10,000,000,000=¥28,464,808,000

b.The amount of bad debts expense assuming uncollectibles:

2.0%x¥2,797,935,000,000=¥55,958,700,000

Unadjusted trial balance reports a credit balance of ¥10,000 million for the allowance for doubtful accounts, Hitachi must recording the difference amount: ¥55,958,700,000-¥10,000,000,000=¥45,958,700,000

6 0

3 years ago

During the annual fundraising drive, the Cancer Society raised $900,000 in pledges of financial support for their general operat

mylen [45]

Answer:

The amount to be reported as net amount of revenue in the current year from the pledge drive is $870,000 option B

Explanation:

The net amount amount of revenue the society should recognize in the current year from this pledge drive is the actual collected plus the remainder of the pledge which is $300,000 minus the provision for uncollectible pledge i.e 10%*$300,000

The net amount of revenue=$600,000+$300,000-(10%*$300,000)=$870,000

The correct option is B,net amount of revenue of $870,000 recognized

6 0

3 years ago

Furs unlimited is using a combination of advertising and personal selling to increase the sales of its fur coats. this activity

My name is Ann [436]

Answer: C. Promotion

Explanation:

Furs unlimited needs to use the technique of marketing mix called promotion, to give more exposure to their products then get more popular that should result in a incrementation of their sales. The purpose of the promotion is also to capture the customer to obtain brand loyalty.

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3 years ago

Smith Company’s adjusted trial balance on August 31, 2013, its fiscal year-end, follows.

CaHeK987 [17]

A compute the company’s net sales for the year

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3 years ago