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The term risk, when applied to borrowers, specifically refers to

1 answer:

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D. Lenders are worried that the borrower won't pay them back, and they assess how likely that is to happen by looking at the borrower's income, other assets, credit history, etc.

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C. Pillar's original cost less Salt's recorded gain

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For physical assets, that is in the form of machineries or computer hardware or in this case, equipment, we can calculate the carrying cost to be the original cost minus accumulated depreciation.

in answer to this question, the carrying amount of the equipment should be reported at <u>Pillar's original cost less Salt's recorded gain.</u>

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3 years ago

The cost of land includes all of the following except:___.

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Answer:

The answer is D.

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The correct option is D. -The cost of fencing and lighting is not part of the cost of land. Why? - Because this is the cost to improve land.

Option A is wrong. Cost of levelling and grading is part of the cost of land

Option C is wrong. Purchase price is the main cost in the determining the cost of land

Option D is also wrong

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