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mash [69]
3 years ago
7

A large human population, both globally and within individual countries, has been a concern since the time of Thomas Malthus. Co

untry X is 95% desert. The government of Country X is concerned about not having enough arable land (land capable of being used to grow crops) in the country to produce the food needed to feed its population without increasing food imports. One government official proposes a project to irrigate large areas of the desert to convert these areas of desert to agricultural fields.
Required:
Describe one potential benefit of this proposed project.
Business
1 answer:
Airida [17]3 years ago
8 0

Answer:

The most obvious potential benefit is turning desert land into arable land. As total arable land increases, the country will be able to grow more crops. As more crops are grown and harvested, the country will be able to feed larger populations without having to import large amounts of food. E.g. in many Arab nations, food and water are scarce and they are forced to import most of their food. If they didn't have oil exports, they wouldn't be able to pay for these imports.

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Firm X purchased a piece of equipment exactly 6 years ago. The piece of equipment had a purchase price of $ 5,726,489 , a salvag
In-s [12.5K]

Answer:

Book value= 4357882

Explanation:

Giving the following information:

Purchase price= $5,726,489

Useful life= 24 years

Salvage value= $252,069

<u>To calculate the book value, we need to determine the accumulated depreciation. We will use the straight-line method to calculate the annual depreciation:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (5,726,489 - 252,069)/24

Annual depreciation= $228,101.25

<u>Now, the accumulated depreciation:</u>

Accumulated depreciation= 228,101.25*6= $1,368,607.5

<u>Finally, the book value:</u>

Book value= purchase price - accumulated depreciation

Book value= 5,726,489 - 1,368,607.5

Book value= $4,357,881.5

7 0
3 years ago
Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $43.89 a share. ABC stock pays a quarterly dividend o
Leni [432]

Answer:

$144

Explanation:

$45.13 - $43.89 = $1.24 profit each share

$1.24*100 = $124

$.10×100 = $10/quarter

2 quarters = $20

$124 + $20 = $144

6 0
2 years ago
A decrease in supply is illustrated by the supply curve shifting to the<br><br> left or right
ale4655 [162]

Answer:

Left******************

3 0
3 years ago
Who would be more likely to join the cross-country team (individual sport) instead of the volleyball team (team sport) and want
fgiga [73]

Answer: Introvert with a high need for power

Explanation: An Introverted individual is one who is considered more thoughtful than social, with a personality more inwardly than outwardly directed and as one who often prefers to have time in non-social situations. Given this, an introvert with a high need for power, however, would be more likely to join the cross-country team, which is an individual sport, rather than the volleyball team (team sport) and want to be captain of the team rather than just be a member.

4 0
4 years ago
Read 2 more answers
Compton Inc. made a $500 ordinary repair to a piece of equipment. Compton's accountant debited this amount to the asset account.
wariber [46]

Answer:

b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.

Explanation:

Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.

To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.

8 0
3 years ago
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