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skelet666 [1.2K]
3 years ago
9

Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment.

Business
1 answer:
Yanka [14]3 years ago
8 0

Answer:

$495,000

Explanation:

Calculation to determine the total dollar amount of assets to be classified as property, plant, and equipment

Land $250,000

Add:Buildings less accumulated depreciation $245,000

($300,000-$55,000)

Total $495,000

Therefore the total dollar amount of assets to be classified as property, plant, and equipment will be $495,000

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Tobacco production is one of the more heavily subsidized industries in the United States. Suppose that as a result of intense lo
MAXImum [283]

Answer:

Option (a) is correct.

Explanation:

When the government of United states provide subsidy to the Tobacco industries then there is a rise in the production of Tobacco because it will become cheaper for the firms to produce tobacco.

But these firms are not taking the proper steps for health related issues and even lobbying from health-related concerns.

If the congress repeals the tobacco firms subsidies then the cost of tobacco production increases because of the withdrawal of subsidies. Hence, the supply of tobacco decreases because of the lower level of output and therefore, this would shift the supply curve of tobacco firms leftwards.

This is only because of the higher cost of production.

8 0
4 years ago
There is a huge inflow of refugees from the wars in the Middle East to parts of Europe and Scandinavia. What kind of anthropolog
nydimaria [60]

Answer:

Cultural anthropology

Explanation:

Because Cultural anthropology would try to convince the politician to resettle the refugees in other parts of the country because they want diversity of human beings in space and time and this is the main concept cultural anthropology is based on. They study the human cultures with aim to study range of cultural differences to change to human ecology and movement towards the introduction of best ideologies in country.

6 0
4 years ago
In general, what is the relationship between a country’s ecological footprint and its overall standard of living? A. As the stan
Vesnalui [34]

Answer:

The correct option is A

Explanation:

As the standard of living increases, the ecological footprint also incraeses which means that both are positively co-related with each other.

The amount of assets that number of people or population requires in order to produce the natural resources for its consumption is basically Ecological Footprint. the ecological footprint measures the portion of nature that human takes. In order to sustain the livelihood, the carbon footprint attempts to find out the estimation of usage of resources by an individual.

4 0
4 years ago
The present value of free cash flows is $15 million and the present value of the horizon value is $100 million. Calculate the pr
svet-max [94.6K]

Answer:

$115 million

Explanation:

Calculation for the present value of the business.

Using this formula

Present value=Free cash flow+Horizon value

Where,

Free cash flow =$15 million

Horizon value=$100 million

Let plug in the formula

Present value=$15 million +$100 million

Present value=$115 million

Therefore the Present value of the business will be $115 million

8 0
4 years ago
Clampett, Inc. has been an S corporation since its inception. On July 15, 2019, Clampett, Inc. distributed $50,000 to J. D. His
topjm [15]

Answer:

$20,000

Explanation:

Distribution basis = $50,000

Stock basis = $30,000

Ordinary income = $10,000

To compute capital gain tax,

Capital gain = Distribution basis -Stock basis - Ordinary income

= $50,000 - $30,000 - $10,000

= $10,000

To compute J.D income related to Clampett;

= Ordinary income + Capital gain

= $10,000 + $10,000

= $20,000

5 0
3 years ago
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