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xz_007 [3.2K]
3 years ago
14

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs th

rough the facilities available on the Internet is referred to as Group of answer choices
Business
1 answer:
Alik [6]3 years ago
4 0

Answer:

E-business

Explanation:

E-business is a general term that incorporates all types of utilizing electronic data and communication developments to help and streamline business forms. Interestingly, internet business web-based exchanging of items and benefits. E-business technique has helped customers to purchase whatever they want by just one click, and it has facilitated new small enterprises to start businesses at a low operational cost.

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Depletion Down Deep Mining Co. acquired mineral rights for $81,250,000. The mineral deposit is estimated at 65,000,000 tons. Dur
sveta [45]

Answer and Explanation:

The computation is shown below:

a. For depletion rate

= Acquired mineral rights ÷ estimated mineral deposits

= $81,250,000 ÷ 65,000,000 tons

= $1.25

b. For the amount of depletion expense for the current year is

= Depletion rate × current year mined

= $1.25 × 17,550,000 tons

= $21,937,500

c. The journal entry is shown below:

Depletion Expense $21,937,500

        To Accumulated Depletion $21,937,500

(Being the depletion expense is recorded)

For recording this we debited the depletion expense as it increased the expense and credited the accumulated depletion as it reduced the assets

7 0
3 years ago
James owns two houses. He rents one house to the Johnson family for $10,000 per year. He lives in the other house. If he were to
AVprozaik [17]

Answer:

$22,000

Explanation:

Given that

1st house rented = 10,000

2nd house estimated rent = 12,000

Therefore,

The two houses would contribute

= 10,000 + 12000

= $22,000

Note: Rent is considered as consumption and as a result, rent is added into the GDP. Also, in GDP estimation, imputed rent which is the amount a house owner is willing to rent a house away for if he decides to is calculated as part of the GDP.

3 0
3 years ago
Lunchco Inc. produces picnic tables in a two-step process. Pretreated wood is cut in the Cutting Department and then the lumber
babunello [35]

Answer: company’s direct labor budget = $320000

Explanation:

Given that,

Standard hourly labor rate in the Cutting Department = $12

It takes 30 minutes of direct labor time to cut the lumber

Tables take one hour to assemble

Standard hourly rate in the Assembly Department = $10

Lunchco’s production budget = 20,000

Cutting Department =  production budget × direct labor time × Standard hourly labor rate

= 20000 × 0.5 hours/unit × $12/unit

= $120000

Assembly Department = production budget × Tables take one hour to assemble  × Standard hourly labor rate

= 20000 × 1 hour/unit × $10/unit

= $200000

Therefore,

company’s direct labor budget = Assembly Department + Cutting Department

= 200000 + 120000

= $320000

5 0
2 years ago
"Which type of accounts" the ____ on an investment is the investors gain or loss on the investment over a period of time.
miss Akunina [59]
The rate of return on an investment is the investors gain or loss on the investment over a period of time. 
4 0
3 years ago
Read 2 more answers
please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant
snow_lady [41]

Answer:

no problem

Explanation:

why should I subscribe it if I DNT want

8 0
3 years ago
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