We Can Instantiate an Object from the NumberFormat Class Using

question 10

True/False

We can instantiate an object from the NumberFormat class using the new keyword.

---

Definitions:

Excess Land Allocation

Excess Land Allocation refers to the process of assigning a higher value than the book value to the land portion of real estate acquired, often based on its potential to generate more revenue than current use.

Book Value

The value of a company's assets as recorded on its balance sheet, which may differ from their market value.

Excess Land Allocation

The process of distributing land beyond what is needed for operational purposes, often for sale or development.

Book Value

The net value of a company's assets as found on its balance sheet, calculated as total assets minus intangible assets (patents, goodwill) and liabilities.