To assure the operational readiness of the tools, implements, equipment and
maximum return on investments.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the end of its five-year life.
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Book value= Original cost - accumulated depreciation
This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.
<h3>What is the meaning of royalties?</h3>
This is the term that is used to refer to the sum of paid due to the fact that something was sold. It is the money that the university would get due to the fact that they sold oil and oil products in the state. Texas is a very rich oil state.
Hence we can say that: This is true. The university of Texas and Texas a & m university systems get large sums of money for their endowments from oil and gas royalties.
Read more on Texas oil and gas royalties here: brainly.com/question/14531250
#SPJ1
The perfectly competitive firm charges a price equal to marginal cost
monopolistic competitor firm charges a price greater than marginal cost.
