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2 years ago

What is the meaning of deplation

1 answer:

5 0

Answer: The meaning of depletion to allocate the cost of extracting natural resources like oil and minerals from the earth.

Explanation:

The term depletion is a concept generally we use in tax and accounting.
The meaning of depletion is to move the cost of extracting natural resources like oil and minerals from the earth to the income sheets.
It is a non-cash expense that lowers the cost value of an asset gradually scheduling charges to the income.
To evaluate the depletion per unit we divide the total cost less salvage value by the total number of estimated units.

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Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense $ 1,170,000 Fixed man

konstantin123 [22]

Answer:

0.343

Explanation:

Calculation for what The company's contribution margin ratio is closest to

First step is to calculate the Contribution margin using this formula

Contribution margin = Sales – Variable expenses

Let plug in the formula

Contribution margin= $2,412,000 – ($1,170,000 + $414,000)

Contribution margin= $2,412,000 – $1,584,000

Contribution margin= $828,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio = Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $828,000 ÷ $2,412,000

Contribution margin ratio =0.343

Therefore The company's contribution margin ratio is closest to 0.343

4 0

2 years ago

Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan

asambeis [7]

Answer:

EPS of Plan I = $3.19

EPS of Plan II = $2.82

Explanation:

Under Plan I:

Plan I's Earning per share (EPS) = EBIT ÷ Number of shares = $575,000 ÷ 180,000 = $3.19

Under Plan II:

Interest = $2,600,000 × 8% = $208,000

Earning after Interest = EBIT - Interest = $575,000 - $208,000 = $367,000

Plan II's EPS = $367,000 ÷ 130,000 = $2.82

5 0

2 years ago

Assume that an investor purchased a put option on BP with an exercise price of $1.900 for $0.0215 per unit. There are 31,250 uni

vladimir1956 [14]

Answer:

a. $203.125

Explanation:

Calculation to determine the net profit/loss on this option to the investor

Net profit/loss=((1.900 - 1.885) - 0.0215)(31,250)

Net profit/loss=(0.015-0.0215)*31,250

Net profit/loss=0.0065*31,250

Net profit/loss=$203.125

Therefore the net profit/loss on this option to the investor will be $203.125

8 0

3 years ago

NEED ASAP <br> What are the steps for properly carrying an item

LuckyWell [14K]

Answer:

Do not twist or turn the body; instead, move your feet to turn. Your hips, shoulders, toes, and knees should stay facing the same direction. Keep the load as close to your body as possible with your elbows close to your sides. If you feel fatigued, set the load down and rest for a few minutes.

Explanation:

6 0

2 years ago

Which component of table setting includes knives?

Keith_Richards [23]

Answer:

Steelware I think

Explanation:

7 0

2 years ago

What is the meaning of deplation​

What is the meaning of deplation