Paul Property Owner makes significant improvements to a lot he has been holding for seven years. Which of the following is most likely to be true regarding Paul's improvements?

a. Paul's land will increase in value
b. Paul's land will decrease in value
c. Paul is developing a subdivision
d. either a or b

Answer: d. either a or b

Business

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Net realizable value is

a. acquisition cost plus costs to complete and sell. b. selling price. c. selling price plus costs to complete and sell. d. selling price less costs to complete and sell.

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Pessimistic workers are often productive because they assume that something will go wrong and therefore prepare to prevent unfortunate circumstances

Indicate whether the statement is true or false.

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