Acompany has purchased a tract of land and expects to build a production plant on the land in approximately 5 years. during the 5 years before construction, the land will be idle. under ifrs, the land should be reported as: (a) land expense.(b) property, plant, and equipment.(c) an intangible asset.(d) a long-term investment.

Asemiprofessional baseball team near your town plays two home games each month at the local baseball park. they split the concessions 50/50 with the city, but keep revenue from ticket sales for themselves. the city charges the team $100 each month for the three-month season. the team pays the players and manager a total of $1,000 a month. the team charges $10 for each ticket, and the average customer spends $7 at the concession stand. attendance averages 30 people at each home game. in order to break even, how many tickets does the team need to sell for each game? a. 33b. 37c. 41e. 49f. 244