Why Is Land Classified Separately from Other Tangible Long-Term Assets

question 36

Essay

Why is land classified separately from other tangible long-term assets?

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Definitions:

Totals Button

A function or tool in spreadsheet software that quickly calculates and displays the sum, average, count, or other aggregates of selected data.

HOME Tab

The primary tab in software applications that houses essential functions and tools for user operations.

Aggregate Field

In database and spreadsheet software, an aggregate field calculates the sum, average, count, max, or min of data values in a collection of records or cells.

Calculated

Describes a value or result obtained through a mathematical process or computation.