It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.
<h3><u>What are current assets and non-current assets?</u></h3>
- Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
- Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
- Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
- Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).
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Answer:
well being remote leads to lonely ness and the cost of not working with your co- workers directly and hands on. but the advantage of remote is you dint have to be doing as much such as dressing up or so on.
Explanation:
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Answer:
Become a preexisting nonconforming use
Explanation:
Zoning
This is simply defined as a known form of work or exercise of power which is in relation to the health, safety, welfare, and morals of the public and cannot be unreasonable or arbitrary .
The reason for zoning is territorial division that is in line with the character of the lands and structures and their unique usefulness for particular uses, and uniformity of use within the division.
Rezoning
This is simply defined as the altering (changing) the zoning classification to allow new and for different uses. It can be said to be adminstrative or legislative.
Zoning Challenges includes:
1) It does not conform to General Plan
2) There is no authority to regulate
3) Spot Zoning
4) Contract Zoning & Development Agreements etc.
Pre-existing Legal/Nonconforming Uses
The Pre-existing legal uses of land is said to be valid after a zoning change. Non-conforming uses may be iincreased or intensified only if they highly/adversely affect the community. They cannot be enlarged or changed.
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Answer:
a. The preparation of partial amortization is shown below:-
b. $2,892
Explanation:
a. Date Lease Effective Decrease in Outstanding
payment interest balance balance
July 1 $150,000
July 1 $5,376 $5,376 $144,624
($150,000 - $5,376)
Oct 1 $5,376 $2,892 $2,484 $142,140
( $5,376 - $2,892) ($144,624 - $2,484)
b. Interest expense on October 1 = $2,892
Working Note:-
Take the outstanding balance times 2% (8% annual = 2% quarterly)
So, the Effective interest = $144,624 × 0.02
= $2,892.48
