The computation shows that the amount that will be made will be $420.
<h3>How to compute the value?</h3>
From the information, it was stated that a particular plot of land can produce 700 kg of beef per hectare. beef sells for $4/kg.
It was then stated that if that land is converted to producing corn, which sells for $0.15/kg, approximately how much will the farmer make selling corn.
The amount made will be:
= 700 × 4 × 0.15
= 700 × 0.6
= $420
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A LINE CHART type of visual should be used to display stock prices over time.
Line charts are a type of charts that show data in forms of line connecting the data points. These show the trends in the increase or decrease in data values over a period of time or intervals. These give clear analysis of data and easy to analyze.
True. Depreciation is the process by which the expense of using a tangible item is linked to the benefit gained over its useful life. There are several types of depreciation, including straight-line and accelerated depreciation. Accumulated depreciation is the total of all depreciation reported on an asset up to a given date.
On the balance sheet, the carrying value of an asset is its previous cost less all accrued depreciation. The salvage value of an asset is its carrying value after all depreciation has been deducted. Depreciation can be contrasted with amortization, which accounts for the change in value of intangible asset over time.
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