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cestrela7 [59]
2 years ago
8

When determining the value of raw land, there is a relatively fixed amount of _________; therefore, the value of land is primari

ly determined by __________?
Business
1 answer:
Ilya [14]2 years ago
7 0
<span>When determining the value of raw land, there is a relatively fixed amount of supply; therefore, the value of land is primarily determined by demand?

Because land isn't something we can just add in to the world, there is a fixed amount of supply available to us as a resource. When the supply becomes scarce, it is easy for the value of land to go up because if demand is high and there is a low amount the price can be higher since there is less competition of the same. </span>
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A company has decided to discontinue a component of its business but, when the reporting period ends, the component has not yet
azamat

Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value

Explanation:

Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.

With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.

Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".

5 0
2 years ago
Match the statements below with the appropriate terms by entering the appropriate letter code in the spaces provided. Terms:A. P
lara [203]

Answer:

Explanation:

1. Prepaid Expenses: In this transaction, the collection is made in advance so it will be come under prepaid expenses

2. Prepaid Expenses: In this transaction, the office supplies are used in the next period, so it will be treated as prepaid expenses

3. Accrued revenues: The subscription revenue is already earned, so it will be treated as a accrued revenues

4. Accrued revenues: The rent is earned but not collected, so it will be treated as a accrued revenues

5. Accrued Expenses: As the expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses

6. Accrued Revenues:  As the revenue is earned but not yet collected or recorded so, it will be treated as an accrued revenues

7. Accrued Expenses: As the interest expenses are incurred but not yet paid or recorded so, it will be treated as outstanding expenses

8 0
3 years ago
Jenny has a degree in social work and is looking for her first job out of college. It is most important to her that she have a j
kondaur [170]
Remark
If Jenny takes option A by a month later between people's problems and her late nights working, she's going to be completely worn out, but her student loan will begin to get paid off. That's a plus.

If she takes B she does not get the career fulfillment that she wants. No job is perfect and that student loan is like a massive weight around her neck. She could do volunteer work on the weekends.

C is completely out of the question. She's piling debt on debt. If she meets with one of life's catastrophes, she will be in real trouble. C is not an option at all.

D
D to me is an option. Working with kids, she will discover, is career advancement enough. If she get's tenure, she's set.

Based on just what is in the question and nothing more, I would pick D. If you are allowed to add circumstances then B is a good choice. Depends on what kind of questions you had before. I'll stick with D, but it depends on what your marker is like. A machine is merciless and expects only one answer. A person might let you say something and give you credit for what you say.

D<<<< answer.
3 0
3 years ago
Mechelle has a life estate in a property in rural Maine. Mechelle has allowed people to camp and park in the backwoods of the pr
Reika [66]

The scenario that's illustrated regarding the property in this case is improper dominion.

<h3>What is dominion?</h3>

It should be noted that in law, dominion simply means the right to control the ownership of a a property.

In this case, since Mechelle has allowed people to camp and park in the backwoods of the property, leaving piles of trash everywhere and thereby diminishing the value of the property, this illustrates improper dominion.

Learn more about property on:

brainly.com/question/2475734

3 0
2 years ago
Eisenhower Corporation purchased a patent for $1,850,000 on November 30, 2015. It has a remaining legal life of 18 years. Eisenh
adoni [48]

Answer:

The correct option is c $1,593,056.

Explanation:

Patent : The patent is an intangible asset in which amortization is to be charged every year till its useful life. An intangible asset is also known as long term asset which cannot be seen or even touched.

As in the given question the patent is purchased on November 30 but we have to reported on the December 31, 2015, so the total months between them is 25 months.

And, the remaining useful life of patent is 15 years we have to convert the years into months .

So, 15 × 12 months in a year = 180 months.

Since, for 180 months the $1,850,000 is given, we have to compute for 25 months. The computation is shown below:

= ($1,850,000 × 25) ÷ 180

= $256,944

Hence, the balance would be Purchase cost - amortization expense

= $1,850,000 - $256,944

= $1,593,056

Thus, the correct option is c $1,593,056.

3 0
3 years ago
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