Shows how participants in the market are linked.
Answer:
All workings are attached in the attachment for your convenience.
Explanation:
Answer:
Vern's depletion deduction is $175000
Explanation:
given data
mineral interest = $3,500,000
recoverable units = 500,000
mined = 40,000 units
sold = 25,000 units
depletion rate = 22%
to find out
Vern's depletion deduction
solution
we get here depletion expense that is
depletion expense = ...........................1
put here value we get
depletion expense =
depletion expense = $175000
and
percentage depletion = $800,000 × 22%
percentage depletion = $176000
we know that % depletion method is not accept as IRS for certain natural resources
so we use depletion method is use here
Vern's depletion deduction is $175000
Answer:
Monopoly
Explanation:
The level of competition least beneficial to consumers is monopoly. In monopoly, there is only one or very few sellers which sell their products to the customers on the prices of their own liking. Because of no competition, customer has to pay higher prices. Moreover, no substitutes are av
available in the market as well which definitely effects customers. For example, Microsoft Window. Monopoly has bad impact on the customers and it is very ideal scenario for the seller in order to earn more profits.
Answer:
ROE : Net Income / Equity : $32 / $92 = 34,8%
Explanation:
To calculate the ROE its necessary to know the Equity of the company which is the difference between the Total Assets and the Total Debt.
Total Assets : $485
Total Debt : $393
Equity : $92
Net Income : $32
ROE : Net Income / Equity : $32 / $92 = 34,8%
The ROE it's a measure that let me know the financial performance of the company, its a good indicator of how efficiently the company it's handling the investor's money.