It is B: what to do in case of a fire
The cost of land would not include option(a) i.e, the Cost of parking lot lighting.
<h3>What is meant by
the cost of land?</h3>
The asset valuation method that is used to value land that appears on a company's balance sheet is known by the financial accounting term cost of land. The price of the land would cover all costs incurred in purchasing the property as well as those incurred in getting it ready for usage by the business.
The price of the land might be calculated by adding the purchase price, the local government's appraisal of the property, deducting the cost of any existing structures, and title insurance premiums.
All expenses incurred to prepare the improvements for use are included in the cost of land improvements. For instance, the cost of the parking lot is just the agreed-upon fee when two businesses enter into a contract to build one on the other's property.
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Answer:
Real interest rate= 0.06 = 6%
Explanation:
Giving the following information:
Nominal interest rate= 12%
Inflation rate= 6%
<u>The inflation rate provides the opposite effect on the interest rate. It decreases the purchasing power of an individual. </u>To calculate the real interest rate, we need to deduct the inflation rate.
Real interest rate= 0.12 - 0.06= 0.06
Answer: (D.) The Iberian economy is going through a period of deflation.
Explanation:
Real interest rate can be denoted using the following formula. i.e.,
Real interest rate = Nominal Interest rate - Inflation.
∴ In this particular case the Real interest rate will rise only if the economy is going through a period of deflation and deflation rate is larger than fall in interest rate.
Answer:
D
Explanation:
It was never made when Earth was made
