The answer is D all of these answers are correct.
Answer:
The subject property should be valued at $760,000
Explanation:
Sales comparison approach to valuation in real estate values properties by comparing their similar characteristics, and the features are priced. The total value of a property is thus the addition of all features.
In the instance given, both properties have 3 bedrooms and 2 bathrooms and so using comparison theses features are equally priced at $690,000.
So the property with the golf course will have $690,000 added to the value of the golf course ($70,000).
That is $760,000.
The statement that All things being equal, taxpayers, should prefer to recognize deductions during high tax-rate years is True.
<h3>Who are taxpayers?</h3>
The taxpayers are individuals or organization that is been given responsibility by the government to pay their tax.
However, taxpayers, should prefer to recognize deductions in the period of income during low-tax rate years.
Learn more about tax at:
brainly.com/question/13757943
Answer: B. Capitalized in the machine account
Explanation:
To capitalized an equipment or asset in this case a machine, is to put the equipment on the balance sheet of expensing. When a piece of equipment is bought for $500 , rather than to report it as a $500 expense immediately, it will be listed in the balance sheet as a $500 asset.
The machine in this case the machine increased it production capacity by 25% without expanding its useful life, the cost of improvement is " capitalized in the machine account ".
Answer:
Correct Answer:
b. There is no time limit on when the policy may be reinstated.
Explanation:
In life insurance, which is an insurance against event in the life of the individual in question, it is expected that, the person will be paying his premium fee regularly.
<em>In a situation, there was a lapses, in-order to reinstate the life insurance policy, it must be reinstated within 1 year in-order to be valid.</em>