Respond to the prompt above in a minimum of 175 words: Land value is a...
90.2K
Verified Solution
Link Copied!
Question
Finance
Respond to the prompt above in a minimum of 175 words: Land value is a large portion of total assets (Inc, 2021). Companies generally dont change the value of land unless it becomes significantly more or less valuable. A company I worked for never included land value in the ROA analysis. Then we decided it should be included in assets because the land value was several million dollars. Knowing that the value of land does not change much over time, should the company be including the value of the land in the return on assets equation? Why or why not?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
