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A tall tree and a short tree (both having the same width and mass density) are cut at the base at the same time,and begin tipping over.Which tree hits the ground first?
Land Improvements
Enhancements made to a parcel of land to increase its value or usability, such as landscaping, fencing, and installation of utilities, which are usually depreciable over their useful life.
Buildings
Structures erected to serve as premises for business, residential, or other purposes, considered as fixed assets on a balance sheet.
Land
Land refers to the surface of the earth and any permanent fixtures attached to it, considered a fixed asset in accounting and not subject to depreciation.
Machinery and Equipment
Fixed assets used in the operations of a business that are expected to be used for multiple years.
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