Answer:
The answer is c.reported on the balance sheet as a deduction from the cost of the mineral deposit.
Explanation:
Accumulated Depletion Account is the account showing the accumulated depletion expenses relating to the use/exploitation of natural resources since the beginning.
Just like Accumulated Depreciation Account, The Accumulated Depletion Account is a contra-asset account which is reported on the Balance Sheet under the Natural Resources Account; the net effect of the two account shows the net book value of Natural Resources Account.
Thus, c. reported on the balance sheet as a deduction from the cost of the mineral deposit. is the correct choice.
Answer:
A liquidated damages clause
Explanation:
A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.
Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.
In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.
Answer:
B, a decrease in the stock's beta.
Explanation:
A stock's beta is the determination of the stock's volatility in comparison with the market.
Simply put, it is the determination of how easily a stock will crash. The lower the beta of a stock, the less likely it is to be volatile.
Mostly, stocks with a volatility below 1.0 is less volatile compared to stocks with a beta above 1.0.
The beta of a stock is calculated by finding the rate, the rate of return and the market rate of return of the stock. All of these above are to expressed as a percentage. Having gotten the percentages from above, the risk free rate is subtracted from the rate of return of the stock. After that, the risk free rate is also subtracted from the market rate of return.
The value from the first subtraction is divided by the value from the second subtraction.
Cheers.
Answer:
Early adopters
Explanation:
Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers
Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc
Therefore in the given situation, the early adopters should be chosen for the new developments in the products category
Answer:
D) Taxes levied on sellers and taxes levied on buyers are not equivalent.
Explanation:
Whether a tax is levied on the buyer or the seller of the good doesn't matter because they both place a wedge between the price that buyers pay and the price that sellers receive. And that difference will be the same regardless of who is responsible for paying the taxes. E.g. a sales tax is paid by the buyer, but the difference between the money paid and the money received would be the same if the tax was paid by the seller instread.
