Answer:
$495,000
Explanation:
Calculation to determine the total dollar amount of assets to be classified as property, plant, and equipment
Land $250,000
Add:Buildings less accumulated depreciation $245,000
($300,000-$55,000)
Total $495,000
Therefore the total dollar amount of assets to be classified as property, plant, and equipment will be $495,000
Answer:
"B"
Explanation:
Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.
As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken
Answer: c. increase the discount rate.
Explanation:
The discount rate of a country is the rate at which the central bank in that country loans money out to the financial institutions.
When this rate is low, more financial institutions will borrow money as opposed to when it is high. Banks borrowing money increases the money supply in the economy so if the Federal Reserve wants to reduce money supply, it should increase the discount rate which would dissuade banks from borrowing from the Fed thereby limiting money supply.
<span>The managerial and administrative functions of the federal courts are handled by </span>the <span>Administrative Office of the United States Courts.
</span><span>The Administrative Office of the United States Courts (AO) is the administrative agency of the United States federal court system. ... It provides a wide range of administrative, legal, financial, management, program, and information technology services to the federal courts.</span>
Answer:
The correct answers would be
1. Difficulty getting a loan or credit card
2. An increase in debt
4. Difficulty keeping assets
5. Loss of money
Explanation:
Hope this helps! Have a Happy New Year!
