Look it up thank me later
Answer:
The land should be reported at $130,000
Explanation:
In this question, we have to apply one of the Generally Accepted Accounting Principle (GAAP), i.e. Historical cost principle.
Historical Cost Principle: According to this principle, the value of fixed assets should be recorded at the purchase price or book value.
So, in the given case, the land should be reported at $130,000 irrespective of whatever amount is given in the question
<span>I gather from the referenced paragraph that a company called Wood Pharmaceuticals was being audited.The process of auditing revealed some concerning issues to include several control deficiencies in the company's internal control which could result in adversities.I would notify the folks in charge and inform them of the steps required to resolve the issue in a timely manner.</span>
Answer:
Explanation:
Aggregate output would have decreased.
The payment of interest on check deposits would have increased check deposits by bank customers.
This implies increase in saving, over consumption.
The reduction in consumption or demand for goods and services will in turn reduce aggregate output.
When saving increases over spending, lesser goods will be purchased and production will fall.
To have maintained a constant market interest rate in the face of this change, the Federal Reserve would have had to increase the money supply if not, interest rate on nonmonetary assets would fall.
DECA stands for Distributive Education Clubs of America and it is a CTSO (Career and Technical Student Organization). A CTSO’s purpose is to provide co-curricular opportunities for students to receive career and technical education support to enhance their learning experience. DECA specifically focuses on preparing students in four career clusters: Business Management & Administration, Finance, Hospitality & Tourism, and Marketing.
Thus, the answer to the question is marketing students.
