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2 years ago

of the following costs related to the development of natural resources, which one is not a part of depletion cost

Business

1 answer:

ch4aika [34]2 years ago

3 0

Tangible equipment costs associated with machinery used to extract the natural resource

<h3>What is Tangible equipment?</h3>

A tangible asset is one with physical substance. Inventory, a building, rolling stock, manufacturing equipment or machinery, and office furniture are all examples.

Any item that can be physically touched, moved, seen, weighed, measured, or picked up is considered a tangible good. A car, a printed book, clothing, tools, flowers, furniture, or DVDs are all examples of tangible goods.

It is possible to touch something that is literally tangible. A rock, like a broken window, is tangible; if the rock is lying next to the window, it could be tangible evidence of vandalism. When we say that the tension in a room is tangible, we mean that we can feel it so strongly that it almost feels physical.

To know more about Tangible equipment follow the link:

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An income statement for Tommy's Bookstore for the first quarter of the year is presented below: Tommy's Bookstore Income Stateme

Semmy [17]

Answer:

Contribution margin = $200,000

Explanation:

As per the data given in the question,

Contribution margin = Sales - Variable expense

Number of books = $880,000 ÷ $55

=16,000

Gross margin = 340,000

Variable selling expenses = 16,000 × $6

=$96,000

Variable administrative expense = $880,000 × 5%

=$44,000

Total = $96,000 + $44,000

= $140,000

Contribution margin = $340,000 - $140,000

= $200,000

7 0

3 years ago

What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?

RideAnS [48]

Answer: D

Explanation:

Use the Mutlilevel List Icon

6 0

3 years ago

Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a m

Lisa [10]

Answer:

Larry must have signed a PROXY AGREEMENT that gives the management group control over his shares.

A proxy agreement is generally used for stockholders voting procedures, they basically grant another person the right to vote on behalf of another stockholder.

Larry's current investment in the company is $86,000.

= 2,000 stocks x $43 = $86,000

If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth $82,560.

company's new market value = (20,000 x $43) + (5,000 x $34.40) = $1,032,000

new stock price = $1,032,000 / 25,000 stocks = $41.28

= $41.28 x 2,000 = $82,560

This scenario is an example of STOCK DILUTION.

The stock price will lower because the increase in the company's value is less than proportional to the increase in the number of stocks.

Larry could be protected if the firm's corporate charter includes a PREEMPTIVE provision.

Preemptive rights give current stockholders the right to purchase more stocks (in case the company issues more stocks) before any outside investors.

If Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become $103,200.

= [(5,000 / 10) x $34.40] + $86,000 = $17,200 + $86,000 = $103,200

5 0

3 years ago

Wheres the nearest bank that i can rob?

Nitella [24]

Answer:

it's depends on your current location.....

Explanation:

and I don't know about your location... sorry...

hope it's help you.....

3 0

2 years ago

Owing to globalization and rapid technological change over the past few decades, the major contemporary issues in management lie

Natasha_Volkova [10]

Answer:

The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.

Explanation:

Solution

The Five specific forces as stimulants for change is stated below:

Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.

Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.

Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.

Changes in technology: It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.

Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.

8 0

3 years ago