Ryan could try to be a bit more realistic in his expectations of frienship
Answer:
depletion expense recognize over the first year: 400,000 dollars
Explanation:
it cost 2,500,000 the right to extract 10,000 tons
To obtain therate we divide the cost over the expected tons of materials
rate per ton: 2,500,000 / 10,000 = 250 dollars
Now we calculate the depletion based on the amount extracted on the first year:
<em>first year extractions: </em>1,600 tons
depletion expense: 1,600 tons x 250 dollars = <em>400,000</em>
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Answer:
Current assets 300.000,00
Current liabilites 120.000,00
WORKING CAPITAL 180.000,00
Explanation:
Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable
The answer is $100 million.
The reserve ratio is the percentage of a commercial bank's deposits that it must retain in cash as a reserve in case of large client withdrawals, as determined by the central bank.
The reserve ratio is a significant monetary policy instrument used by the Federal Reserve in the United States to boost or decrease the economy's money supply.
Banks require an RRR of 8% for demand deposits, not for funds received through the selling of treasury bills to the FED, hence Wells Fargo will be free to raise its loans by $100 million.
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B makes more sense it should be it
