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Alexus [3.1K]
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
Business
1 answer:
Rom4ik [11]3 years ago
7 0
On their classified balance sheet, Mason Corporation would classify this land as <span>a long-term investment.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
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