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Arte-miy333 [17]
3 years ago
6

Q 2.3: mason corporation purchased a piece of land 5 years ago when the price of land was low. it plans to develop the land into

a new facility when their current facility reaches its production limit, which it estimates will be in 4 years. on their classified balance sheet, mason corporation would classify this land as
Business
1 answer:
TiliK225 [7]3 years ago
4 0

On their classified balance sheet, Mason Corporation would classify this land as  <u>"a long term investment".</u>


A long-term investment refers to an account on the asset side of an organization's monetary record that speaks to the organization's speculations, including stocks, bonds, land and money, that it expects to hold for over a year. The long-term investment account varies to a great extent from the short-term investment in that the transient speculations will no doubt be sold, while the long haul speculations may never be sold.

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What happens when the Federal reserve buys a treasury bond
alukav5142 [94]

Answer:

If the Federal Reserve buys bonds in the open market, it increases the money supply in the economy by swapping out bonds in exchange for cash to the general public. Conversely, if the Federal Reserve sells bonds, it decreases the money supply by removing cash from the economy in exchange for bonds.

7 0
3 years ago
On November 1, 2018, Quantum Technology, a geothermal energy supplier, borrowed $22 million cash to fund a geological survey. Th
IgorLugansk [536]

Answer:

<u>when signing the note:</u>

cash    22,000,000

    note payable       22,000,000

<u>accrued interest at december 31th, 2018</u>

interest expense 330,000 debit

     interest payable           330,000 credit

payment of the note:

<u>payment of the note</u>

note payable   22,000,000

interest payable    330,000

interest expense  1,185,000

                  cash                     23,485,000

Explanation:

adjusting entry:

principal x rate x time

22,000,000

rate 9% / 12 = 0.0075

months 2

We must express rate and time in the same metric, in this case, months

22,000,000 x 0.75 x 2 = 330,000 accrued interest

payment of the note:

22,000,000 x 0.75 x 9 = 1,485,000

already accrued                 330,000

interest expense               1,185,000

3 0
3 years ago
A bureaucrat who had no hope of advancing professionally still followed every rule, even when it slowed down his work and person
stepladder [879]

Ritualism is the type of deviance that his behavior illustrates.

What is ritualism in deviance?

Ritualism entails rejecting cultural objectives while routinely accepting the methods for accomplishing them. Retreatism entails rejecting both the cultural objectives and the conventional ways of accomplishing them.

What is the concept of strain theory?

According to strain theories, some stresses or strains make crimes more likely. These strains cause unpleasant feelings like annoyance and rage. Crime is one possible response to these feelings, which put pressure on people to take corrective action.

What does the strain theory argue?

According to the Strain Theory, crime happens when there aren't enough possibilities for people to successfully pursue the standard aspirations of a society. There is a "tension" between the objectives and the methods to achieve them in such a setting, and some people turn to crime to succeed.

Learn more about strain theory: brainly.com/question/14311069

#SPJ4

6 0
1 year ago
Neoclassical economists believe that economic growth can be achieved through the increase in the potential level of GDP. This ca
11111nata11111 [884]

Answer:

The correct answer is the option D: All of the above.

Explanation:

To begin with, the neoclassical theory of economic growth is considered to be one of the most well known and important theory in the economics sciences due to the fact that it establishes how the economy can grow and more important what are the key factors that need to be affect in order to that growth happens. Moreover, it states that a steady growth rate can be achieved only by the combination of three major factors that are: the labor, the capital and the technology. That is why that with the purpose to increase the GDP there will be a need in rise the productivity through an investment in human capital, in physical capital and in technology as well.

7 0
3 years ago
What microeconomic factors point to the fact that your business should be successful? Be sure to provide evidence for your claim
SashulF [63]

The microeconomic factors that are important to consider in business is competition, the supply and demand, elasticity of the goods and similar variables. Depending on the business, each has factor has a unique impact which  can either help or ruin the business.Thank you for your question. Please don't hesitate to ask in Brainly your queries.
5 0
3 years ago
Read 2 more answers
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