Cost: Land Building and building improvements $17.2 billion Equipemt Constructio
ID: 2478240 • Letter: C
Question
Cost:
Land
Building and building improvements $17.2 billion
Equipemt
Construction in Progress
22. As of Jan 31, 2014 Buildings and building improvements of $17.2Bn represents ___________.
A. The current market value of all real estate owned by the Company
B. The current value of its headquarters’ building
C. Historical cost of all real estate and improvements of existing real estate owned by the Company
D. Replacement value of all real estate owned by the Company
23. Which of the following accounts in the chart above are not subject to depreciation?
A. Land
B. Buildings and building improvements
C. Equipment
D. Accumulated depreciation
Explanation / Answer
22 B 23 A