Answer:
$3.28 per ton
Explanation:
Total value = Land + Estimated restoration costs
= $7,440,000 + 1,440,000
= $8,880,000
Value for depletion = Total value - Salvage value
= $8,880,000 - $940,000
= $7,940,000
Per ton Depletion:
= Value for depletion ÷ Recoverable reserves
= $7,940,000 ÷ 2,420,000 tons
= $3.28 per ton
Answer:
True
Explanation:
Investors are risk adverse, that means that under normal conditions if they have to choose between two securities that yield the same rate of return, they will always choose the less risky.
That means that riskier securities must yield higher rates of return to compensate for the higher risk.
<h2>Buying computers refers to "listing what will be spent on items needed to start the business".</h2>
Explanation:
The given definition or terms are associated with the concept of "start up cost".
Listing what will be spent on item needed to start the business: This option also refers to a term called "asset". So buying computers is an asset to the business. No business runs without a computer and it is one of the source that brings business, make business popular, etc.
listing what will be spent on expense to start the business: This statement refers to the term called "cost"
Answer:
<u>Interlocking corporate director</u>
Explanation:
Interlocking corporate director refers to an individual serving as a director on the board of multiple companies.
Interlocking directorship is not considered illegal if the companies of which the same individual serves as a director, are not competing firms.
In the given case, an individual serves on the board of a bank, also serves the board of a computer manufacturing company that usually borrows from the bank.
Here, the independence and objectivity of the director would be impaired and this may lead to a situation of conflict of interests as the director exercises sizable influence in framing the lending policies of the bank.
Thus, such a situation would be in violation and the director may have to step down from the board of one of the companies.
The correct option is C.
An office building refers to a structure that is used primarily for the purpose of conducting business. The office may be large or small, it may be located in a large office environment or in a residential apartment. The basic thing about office building is that, it is the location where administration, clerical services. consulting services and other services related to business take place.
