Answer:
$15,000
Explanation:
Operating income is the difference between the net sales or revenue generated by a business and the operating expenses of the business.
The operating expenses of the business may be classified into 2 groups namely the fixed and variable costs.
The total operating cost of the business
= ( $9 + $6 + $28 + $32) per barrel
= $75
operating income of both divisions
= 200 ( $150 - $75)
= 200 * $75
= $15,000
Answer:
Industrial Mining
Explanation:
Industrial Mining is the one who is responsible for the damage as the industrial mining is the company who owns the project for drilling in the surface rights and to extract the oil but due to drilling wrongly, it leads to the surface subsides and the structure collapsed where as the Grey is not responsible as it owns the surface rights for the High desert bunch comprise of bunk house and house.
Answer:
A. Stockholders equity at the end is $493,000.
B. Closing total assets is $865,000.
C. Closing liability is $410,000.
Explanation:
A. Closing total assets:
= Opening assets + increase in assets
= $845,000 + $177,000
= $1,022,000
Closing liability:
= Opening liability - Decrease in liability
= $600,000 - $71,000
= $529,000
Closing equity:
= Closing assets - Closing liability
= $1,022,000 - $529,000
= $493,000
B. Opening equity:
= Opening assets - Opening liability
= $845,000 - $600,000
= $245,000
Closing assets:
= Opening assets + increase in liability - Decrease in equity
= $845,000 + $92,000 - $72,000
= $865,000
C. Closing liability:
= Opening liability - decrease in assets - increase in equity
= $600,000 - $90,000 - $100,000
= $410,000
Answer:
c. nuclear accident
Explanation:
Personal Auto Policy is the most common policy for the insured. However, Nuclear accident is not covered under this policy. The policy covers hail, collision with animals and birds as well as falling tree branches.
Answer:
B
Explanation:
Mike should be assigned to operate the new machine because his productivity will increase from 60 chicken breasts per hour to 100 chicken breasts per hour.
The average hourly productivity of the team is calculated by taking the average of the two hourly productivities:
