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kherson [118]
3 years ago
8

Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of

general inflation experienced during the 8-year period has averaged 10% per year. At the time the land was purchased, Bravo intended to hold it for 20 years. At what amount should the land be carried on Bravo's books today
Business
1 answer:
victus00 [196]3 years ago
4 0

Answer: $170,000

Explanation:

According to the historical cost concept, the original cost value of a asset (i.e. land) should be recorded in the books. The original cost refers to the cost of a asset at the time of purchasing. As per the principle of historical cost, assets are always recorded as a original cost or historical cost or acquisition cost.

But when a person sold the asset then he will consider the fair market value.

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The research department for your company needs to carry out a web conference with a third party. The manager of the research dep
Leya [2.2K]

Answer:

The answer is A, SSL

Explanation:

SSL which is the abbreviation for Secure Sockets Layer, is an encryption-based web security protocol. It is majorly used  to ensuring web space privacy, authentication and also achieve data integrity in Internet communications.

6 0
3 years ago
The research and development division of Anchor Inc., a manufacturing firm, has a sizeable number of engineers for its employees
Phoenix [80]

Answer:

The correct answer is letter "C": Orientation.

Explanation:

The primary organization-specific factors are <em>orientation, size of the organization, </em>and<em> degree of centralization</em>. Orientation <em>refers to the function of a company that controls the decisions in regards to purchases</em>. The size of the organization implies decision making will be more centralized in larger firms while more decentralized in smaller firms. Finally, the degree of centralization states that even in highly autonomous corporations, some purchases might be subject to the approval of a manager who confirms the need for the assets being acquired.

<em>Because in Anchor Inc. the purchase decisions are made by engineers the orientation organization-specific factor is more relevant in that company</em>.

6 0
3 years ago
According to the law of increasing opportunity cost, as a society _________ more and more of a certain good, further production
Effectus [21]

Answer:

produces  

increases

trade-offs

Explanation:

The law of increasing opportunity cost states that when firms decide to make additional units of a certain product by reallocating resources, they do that at a higher opportunity cost than the previous production. The major traceable reason for this is inefficiency in resource reallocation.

This increase in opportunity cost is associated with increasing and increasing trade-off.

4 0
3 years ago
The total cost analysis demonstrates how other costs besides the unit cost can affect purchase decisions. True False
zvonat [6]

Answer:

That statement is true

Explanation:

In order to conduct a total cost analysis, a company need to calculate every single relevant cost that occurs within  an operation  or project from start to finish. From this, the company usually can find out about hidden costs that might occurs outside the initial plan.

The decision makers can use this options to make their decision in the future. If the total hidden cost is larger than ideal, they can either implement a new budgeting plan or implement policies that minimize the hidden cost.

8 0
3 years ago
A senator renounces his past support for protectionism: "The U.S. trade deficit must be reduced, but import quotas only annoy ou
Marat540 [252]

Answer

FALSE

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
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