In Computing the Property Factor, Property Owned by the Corporation

question 158

Short Answer

In computing the property factor, property owned by the corporation typically is valued at its
, but without adjusting for depreciation.

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Definitions:

Embryonic Development

The process through which an embryo forms and develops from fertilization to birth.

Cephalization

Having a well-recognized anterior head with a brain and sensory receptors.

Nematocysts

Specialized cells in the tentacles of cnidarians (such as jellyfish) that discharge a barbed or venomous coiled thread in response to touch.

Cnidarians

A phylum of aquatic invertebrate animals that includes jellyfish, corals, and sea anemones, characterized by their cnidocytes.