Trevor owns a vacant lot and employs an appraiser to determine the properties

a. growth
b. reproduction cost
c. replacement cost
d. highest and best use

Answer: d. highest and best use

Business

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Federal Unemployment Taxes Payable is typically shown on the balance sheet under the long-term liabilities section

Indicate whether the statement is true or false

Business

Which of the following is scarcer in nature, requires sustained investment, and leads to sustainable international competitive advantage?

A) advanced factors B) basic factors C) human resources D) physical resources

Business