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3 years ago

the cost of land improvements are capitalized separately from land because land improvements tend to have a useful life.

Business

1 answer:

lisabon 2012 [21]3 years ago

4 0

Land improvements are capitalized separately from Land because land improvements have only a limited useful life.

Land is a special fixed asset which means that:

It is purchased for long term use
It is not depreciated because it lasts forever

Land improvements on the other hand, will not last forever. They will eventually wear out and need to be replaced. They are therefore capitalized separately from land so that they can be depreciated if need be.

In conclusion, land improvements are capitalized separately from land because they have a limited useful life.

Find out more at brainly.com/question/14436052.

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Nesterboy [21]

Answer:

Option B is correct one.

Explanation:

One key planning factor for pandemic influenzas will be Protecting public health employees is important.

This is due to the fact that the public health workers are the front-line soldiers in a pandemic situation so they must be protected in order to eradicate the pandemic from the society.

8 0

3 years ago

Use your understanding of the strategic management process to complete the sentences below.

pantera1 [17]

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Explanation:

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Example

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3 years ago

The basic strategy options for local companies in competing against global challengers include a. utilizing understanding of loc

amid [387]

Answer:A

Explanation:

8 0

3 years ago

For an automobile company, the total overhead applied was $48,000,000 at the end of the year. Actual overhead was $52,850,000. C

ICE Princess25 [194]

Answer:

Net income decreased by $4,850,000.

Explanation:

Given total overhead applied = $48000000

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Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.

Over / under Applied overhead = 48000000-52850000

Over / under Applied overhead = -$4850000

From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.

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3 years ago

Why is important for all business majors to study strategic management since most students will never become a chief executive o

Soloha48 [4]

Answer:

it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves

Explanation:

Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.

Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.

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3 years ago