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Rudik [331]
3 years ago
5

During 2014 and 2015, Danny pays property taxes of $3,500 each year on a piece of land. During 2014, the land is vacant and unpr

oductive. In 2015, Danny uses the land as a parking lot and generates $16,000 in income. Which of the following is true regarding the property taxes?A) Capitalize $3,500 each year.B) Deduct $3,500 each year.C) Capitalize $3,500 in 2014 and deduct $3,500 in 2015.D) Either B or C is acceptable.
Business
1 answer:
motikmotik3 years ago
5 0

Answer: the answer is C deduct $3500 each year.

Explanation: Whether the land is vacant and unproductive or it is used to generate income. The property tax for the land will be paid yearly

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The risk of employee opportunism, on behalf of agents, is exacerbated by the concept of:________
motikmotik

Answer:

c. information asymmetry.

Explanation:

Information asymmetry also called Information failure, is a state of affairs wherever there is an imperfect information, this happens wherever one party has completely different information than the other party. It is also when the party possess greater economic transaction about than the other party. An example is concerning an automotive manufacturer and buyer, the owner is probably going to own full information regarding its service history and its chance to break-down than the buyer.

3 0
3 years ago
You are looking to invest in one of three stocks. All other things being equal, Stock A has high expected earnings growth, stock
WINSTONCH [101]

Answer:

Stock C is correct answer

Explanation:

According to the investigation of LaPorta's 1996 study Stock expected to have poor earnings growth has the greatest alpha.  Unlike, the option stock A and option stock B with modest and higher earnings growth.

Corrct Answer: Stock C.

7 0
3 years ago
Which best describes the role of financial planning?
Savatey [412]

The role of financial planning can be described by allowing someone to have lesser obstacles in an economy of a country.

Option D is the correct answer.

<h3>What is a financial plan?</h3>

A financial plan is a statement defining the company's recent finances, the objectives and the strategies to attain those objectives.

Financial planning helps in the creation of budgets for future uses, formulate the ways for minimizing or saving the charges to be incurred in the future and execute the ways of accumulating and increasing the wealth of an organization.

Therefore, the explanation provided in part D would best describe the role of financial planning.

Learn more about the financial plan in the related link:

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5 0
2 years ago
Carr Manufacturing makes a product that incurs prime costs of $320,000. Production uses 1,000 setup hours and 1,900 machine hour
mafiozo [28]

Answer:

b. $490,000

Explanation:

Total cost refers to the summation of all costs that is expended during production processes of certain products, which is made up of prime cost, overhead cost, etc.

Total cost = Prime cost + Overhead cost

Where,

Overhead cost = Setup [1,000 × $75 per setup] $75,000 + Machine hours [1,900 × $50 per machine hour] $95,000

Overhead cost = $170,000

Prime cost = $320,000

Therefore,

Total cost = $320,000 + $170,000

Total cost = $49,000

4 0
3 years ago
When zappos​ began, it focused primarily on word of mouth​ (wom) to get its message to people. word of mouth is which of the pro
diamong [38]
The promotion mix element that is facilitated by words of mouth is ADVERTISING. 
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.
5 0
3 years ago
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