Answer:7 years
Explanation:
Depreciation per annum
Cost- salvage value/ no of years
$4,000,000-400,000/8
= $450,000
Accumulated depreciation= depreciation per annum * no of year
Therefore no of years
= Cross multiply
Accumulated depreciation/ depreciation per annum
=$ 3,150,000/$450,000
= 7 years.
Answer:
A description of the land that specifies the boundaries and location of a specific piece of real property.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
On a related note, legal description is a description of the land which typically specifies the boundaries and location of a specific piece of real property such as house, land, etc. Thus, it can be used by land surveyors to accurately estimate or determine property lines at a future.
The answer is d it’s everything a manager does
The cost of ending inventory is $630.
<h3>What is the value of ending inventory?
</h3>
The average inventory method entails using the average cost of the total inventory purchased to determine the value of the ending inventory.
Average cost = total cost / total units purchased
1860 / (120 + 150 + 150 + 200) = $3
Cost of ending inventory = 210 x 3 = $630
To learn more about how to calculate cost, please check: brainly.com/question/25717996
#SPJ1
Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. This is an example of diversification. Diversification describes the processes of having diverse product offerings. When you diversify, you are differentiating your products to meet more needs for consumers. Since the brand of clothing recently introducted a line of fitness equipment, they are diverisfying themselves by branching out into other markets.