Answer:
b. A truck held for resale by an automobile dealership
Explanation:
Property plant and equipment are physical or tangible assets used by an organization in the ordinary course of business. They include Land and building used in ordinary business operations, plant and machinery used in production, Land improvements, such as parking lots and fences etc. Such assets are usually depreciated as they are used and in accordance with the organization's policy. However, assets held for sale are not used by the organization in the ordinary course of business rather, the company holds them till such assets are sold. No depreciation is computed on the assets held for sale. Hence, from the options given, a truck held for resale by an automobile dealership is the only item held for sale and does not qualify for recognition as property plant and equipment. The right answer is b.
The answer to your question would be D. corporation
Using the Internet to find what other consumers feel about a specific product or service is the internal search is characterized, When consumers start searching for ways to satisfy needs.
<h3>How
internet is helpful in finding out about things?</h3>
Internet is very useful in many ways for the consumers, some of them are-
- It facilitates the person in viewing the reviews of the other person's views on the specific things
- it helps in finding out the best things that a person suits for them
- It provides easy ecommerce service From which a person can buy things.
- It provides easy return, if something is not appropriate to use.
Thus, option E is correct.
For more details about internet is helpful, click here:
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Answer:
false
there is no ownership atribution between siblings, cousins, or a mother-in-law and son-in-law
Answer:
Total FV= $29,335.25
Explanation:
<u>First, we need to calculate the future value of the initial investment ($2,500) using the following formula:</u>
FV= PV*(1 + i)^n
PV= $2,500
i= 0.0075
n=10*12= 120 months
FV= 2,500*(1.0075^120)
FV= $6,128.39
<u>Now, the future value of the $1,500 annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
We need to determine the effective annual rate:
Effective annual rate= (1.0075^12) - 1= 0.0938
FV= {1,500*[(1.0938^10) - 1]} / 0.0938
FV= $23,206.86
Total FV= $29,335.25