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bulgar [2K]
3 years ago
13

The automobile will not remain the primary source of transportation true or false

Business
1 answer:
Ivenika [448]3 years ago
8 0
I think the correct answer would be false. The automobile will remain the primary source of transportation. As we can see today, almost all of the people use automobile to go to different places. As we see in the road, different vehicles are present. Also, the automobile industry, recently, is a booming industry. We have different models, colors, brands and specifications of the vehicles. I think the use of automobiles as the primary source of transportation would still go for many years as it is the most convenient and comfortable transportation as compared to others like bicycle, train and motorcycle.
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On July 23 of the current year, Dakota Mining Co. pays $7,147,920 for land estimated to contain 9,048,000 tons of recoverable or
Korolek [52]

Answer:

ore deposits     7,147,920 debit

           cash                  7,147,920 credit

--to record purchase of land with ore deposit--

machinery         1,900,080 debit

        account payable       1,900,080 credit

Account payable 1,900,080 debit

            Cash                      1,900,080 credit

--to record machine installation and payment of it 2 days later--

depletion expense          368,535

depreciation expense       97,965

ore deposit                                          368,535‬

equipment accumulated depreciation 97.965‬

Explanation:

the first entries are quite self-explanatory

<u>Now, to calculate the depreication and depletion:</u>

The machine will be depreciate at the same phase as the ore deposit As the asset is relate to it and will have no value after the miniming project ends.

depreciation  for the year:

466,500 / 9,048,000 x 7,147,920  = 368.535‬ ore deposit amortization

466,500 / 9,048,000 x 1,900,080 =    97.965‬ equipment depreciation

3 0
3 years ago
Ethan Manufacturing Inc. produces floor mats for automobiles. The owner, Joseph Ethan, has asked you to assist in estimating mai
Lelu [443]

Answer:

Month       Maintenance      Machine     Equation       MAPE

                 costs                   hours          error (Abs.)

1                $2,750                1,840           $269            9.78%

2               $2,910                 1,920           $197             6.77%

3               $3,060                2,000          $135              4.41%

4               $3,170                 2,020            $47              1.48%

5               $<u>3,250</u>                <u>2,050</u>                0                 0%

6               $3,220                2,030             $8             0.25%

7               $3,160                 2,010            $46              1.46%

8               $3,000                1,990           $184             6.13%

9               $2,770                1,850           $260            9.39%

10             <u>$2,370</u>                <u>1,250</u>                  0                 0%

11              $2,380                1,450             $210           8.82%

12             $2,600                1,740            $309           <u>11.88%</u>

                                                                                    60.37%

variable cost per unit = (highest activity cost - lowest activity cost) / (highest activity units - lowest activity units) = ($3,250 - $2,370) / (2,050 - 1,250) = $880 / 800 units = $1.10 per unit

fixed cost = $3,250 – ($1.10 x 2,050) = $995

Cost model = $995 + $1.10X

2. Calculate the mean absolute percentage error (MAPE) for the cost equation you developed in requirement 1.

MAPE = 60.37% / 12 = 5.03%

5 0
3 years ago
Similar to bond investments, preferred shares can be ________, meaning the firm may buy them back.
Sphinxa [80]

Answer:

B. callable

Explanation:

Preferred shares and bonds can be callable. This means that the issuing company has a right to buy back the bond before it maturity or the preferred share at a predetermined price.Usually, it is a requirement that the the issuer offers a higher price than the par value of the stock or bond. The holders receive dividends or coupons regularly. Municipal bonds are commonly known to have callable features.

6 0
2 years ago
What does it mean to be "in the black "?
Lubov Fominskaja [6]
When sb dies that you were related to, and then you wear black clothes and that means you are "in the black"
5 0
2 years ago
Entry field with correct answerQuality of information that permits users to identify similarities in and differences between two
Ivanshal [37]

Answer:

1. Comparability: Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena.

2. Timeliness: Having information available to users before it loses its capacity to influence decisions.

3. Predictive Value: Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.

4. Relevance: Information that is capable of making a difference in the decisions of users in their capacity as capital providers.

5. Neutrality: Absence of bias intended to attain a predetermined result or to induce a particular behavior.

6. Faithful Representation: Quality of information that assures users that information represents the economic phenomena that it purports to represent.

7. Free From Error: The extent to which information is accurate in representing the economic substance of a transaction.

8. Completeness: Includes all the information that is necessary for a faithful representation of the economic phenomena that it purports to represent.

9. Understandability: Quality of information that allows users to comprehend its meaning.

10. Verifiability: The annual reports of Best Buy Co. are audited by certified public accountants.

3 0
3 years ago
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