Answer:
Virtually all of the 7 million millionaires in the United States learned how to make smart decisions by doing their homework.
Answer: Option 7.
Explanation:
Answer: A firm will shut down in the short run if the total revenue that it would get from producing and selling its output is less than its C. variable costs.
Explanation: A variable cost is a cost that will vary depending on the level of output that is needed. If more units of an item are needed, the variable costs will likely rise whereas if the product numbers go down, they will too. A variable cost changes and a fixed cost stays the same regardless of the production amount.
Answer:
False
Explanation:
Correlation tells you if there is association between two or more variables. Regression analysis model allow you to predict one variable from the other.
Answer:
Land 407,000
Building 750,000
Land improvements 77,000
The company will depreicate the buildign and the land improvements
But, not the land as it doesn't suffer from the past of time.
<u>Questions:</u>
Value of the assets
and which assets will the company depreciate.
Explanation:
The demolition of the old buildign should be considered cost of the period. As no asset is improved or acquire for that event.
<u>Land:</u>
80,000 cash
320,000 note payable
3,000 deliquient property tax
<u> 4,000</u> insurance costing
407,000 total land
<u>Building:</u>
cost: 750,000
<u>Land Improvements:</u>
fence 55,000
sing at entrance 15,000
lighthing <u> 7,000 </u>
TOTAL 77,000
