What total amount of the assets should be classified

Assignment Help Accounting Basics
Reference no: EM132869558

Question - Biological Assets - TREE Company provided the following assets in a forest plantation and farm:

Freestanding Trees 5,000,000

Land under trees 600,000

Roads in forests 300,000

Animal related to recreational activities 1.000,000

Bearer plants 1,500,000

Bearer animals 2,000,000

Required - What total amount of the assets should be classified as biological assets?

Reference no: EM132869558

Questions Cloud

Strategic role as executive partner on hr related issues : What is the appropriate manner for a HR professional to transition to the strategic role as executive partner on HR related issues?
What amount should be reported in the discontinued operation : $150,000 before it was sold. What amount should be reported in the discontinued operations section of Bubble Tea's 2021 income statement?
Explain the environmental problem of facebook : Explain the environmental problem of Facebook.
Explain the specific ethical violations that occurred : The importance of ethical standards within both the field of finance and for individual financial managers. Research a business situation at the local, state, o
What total amount of the assets should be classified : Animal related to recreational activities 1.000,000. What total amount of the assets should be classified as biological assets
Difference between leader and manager : Describe the difference between a leader and a manager. What leadership style do you believe is the most versatile? Why?
What will be the value of the investment four and six years : When Irene sells the investment, how much cash will she have after taxes to purchase the new car (four and six years from now)?
What is the length of the approach ols inner edge : A runway's dimensions are 1800m X 30m with an orientation of 033°/213°M and published non-precision approaches certified to AGN IIIB.
Develop a flow chart for preparing and distributing media : Develop a flow chart for preparing and distributing media releases that could be used in a community service event.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd