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Vika [28.1K]
3 years ago
15

A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto

the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____.
Business
1 answer:
azamat3 years ago
8 0
They can make lots of money from that lanf
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Suppose you deposit $2,454.00 into an account today. In 6.00 years the account is worth $3,868.00. The account earned ____% per
Feliz [49]

Answer:

Interest rate, R = 26%.

Explanation:

<u>Given the following data;</u>

Principal = $2,454.00

Simple interest = $3,868.00

Time = 6 years

To find the interest rate?

Mathematically, simple interest is calculated using this formula;

S.I = \frac {PRT}{100}

Where;

  • S.I is simple interest.
  • P is the principal.
  • R is the interest rate.
  • T is the time.

Substituting into the equation, we have;

3868 = \frac {2454*R*6}{100}

Cross-multiplying, we have;

3868 * 100 = 14724*R

386800 = 14724R

R = \frac {386800}{14724}

<em>Interest rate, R = 26.27 ≈ 26%</em>

<em>Therefore, the account earned 26% per year. </em>

8 0
3 years ago
Which of the following is not a characteristic of a corporation?
Alex_Xolod [135]

Answer:

There are no answers to pick from!

Explanation:

7 0
3 years ago
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Molly just started a new job. She needs to fill out a _____ so that her employer knows how much tax to take out.
oksian1 [2.3K]
Application or w2 is your answer

8 0
3 years ago
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Why does actual group productivity never equal potential productivity?
Rama09 [41]

The answer to the question is (C) time is lost to coordinating and organizing group members.

Actual group productivity is never quite equal to the expected productivity mainly because there are other processes involved in the team that the team members must do in order to reach the set common goal. Some of these processes usually include determining how to do the work and distributing the assignments to the right person, as well as setting the roles in the team.

4 0
2 years ago
Mill Company began operations on January 1,2017, and recognized income from construction-type contracts under different methods
ANTONII [103]

Answer:

i. Deferred income taxes balance on  December 2019 is $192,500

ii. Deferred tax asset.

Explanation:

Year   Tax purpose   Book purpose   Difference   Deferred tax book

2017      $400,000          $0                $400,000        $140,000

2018      $625,000     $375,000         $250,000        $87,500

2019      $750,000     $850,000        ($100,000)        (<u>$35,000)</u>

Deferred tax asset balance on  December 2019 =   <u>$192,500</u>

<u><em>Working</em></u>

<u>Deferred tax book</u>

2017 = 400,000 * 35% =  $140,000

2018 = 250,000 * 35% = $87,500

2019 = (100,000) * 35% = ($35,000)

ii. Book income is less than tax income in 2017 and 2018. Deferred tax asset would be accounted. Book income is higher than tax income in 2019. Deferred tax asset would be reverse (i.e. deferred tax liability). Balance at the end of December 31, 2019 would be Deferred tax asset.

4 0
3 years ago
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