Answer:
In appraising, land is never depreciated, as are buildings.
Explanation:
Generally land and buildings are separable assets and are been accounted for separately, even when acquired together.
In the other hand, land asset is not depreciated, because it is considered to have an infinite useful life. This distinctively makes it unique amongst all asset types; it is the only one for which depreciation is prohibited.
Nearly all fixed assets have a useful life, after which they no longer contribute to the operations of a company or they stop generating revenue. During this useful life, they are depreciated, which reduces their cost to what they are supposed to be worth at the end of their useful lives (which is known as salvage value). Land, however, has no definitive useful life, so there is no way to depreciate it.
Answer:
The correct answer is letter "D": administrative agencies.
Explanation:
Governmental administrative agencies are those Congress creates to appoint them a specific function operating on behalf of the government. They are autonomous and dependent bodies that also handle individuals' claims acting like rulers and law enforcers.
<em>The Federal Communications Commission (FCC), the Securities and Exchange Commission (SEC), the Department of Energy (DOE) and the Internal Revenue Service (IRS)</em> are examples of U.S. administrative agencies.
Answer:
Because the wealthy estates owners made land too expensive
Explanation:
In recent time, the development of industries in the south toward San Mateo as slowed down due to the fact that the estates owners in the south have made land too expensive for the industrialist to acquired. The tends development to drift toward other part of nation towards Oakland, Pittsburgh and Contra Costa.
Kayla behaves as if movie tickets are <u>normal </u>goods and Jada's income elasticity of demand for movie tickets is <u>negative</u>.
Answer and Explanation:
The computation of the predetermined overhead rate in the following cases are shown below:
As we know that
Predetermined overhead rate = Estimated overhead ÷ activity level
1.
= $203,000 ÷ 58,000
= $3.50 per direct labor hour
2.
= $203,000 ÷ $1,015,000
= $0.20 per direct labor dollar
3.
= $203,000 ÷ 14,500
= $14.00 per machine hour