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ValentinkaMS [17]
3 years ago
6

A company purchased a tract of land for its natural resources at a cost of $1,920,500. it expects to mine 2,150,000 tons of ore

from this land. the salvage value of the land is expected to be $265,000. the depletion expense per ton of ore is:
Business
1 answer:
dangina [55]3 years ago
8 0

Depletion expense (E) is equal to the Fixed Cost minus the Salvage Value divided by the tons of ore to be mined. The equation would then be: E = ($1,920,500 – $265,000) / 2,150,000. Therefore, E is equal to $0.77/ton of ore.

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What is productive​ efficiency?
Helga [31]

Answer:

The correct answer is (A)

Explanation:

Product efficiency is a key aspect which every firm or organisation must achieve to improve revenue and profits. Product efficiency is a way to allocate resource to produce goods and service at the lowest average cot possible. Firms usually apply economist of scale to achieve product efficient. Product efficiency can only be achieved by using scarce resources efficiently and effectively.

5 0
3 years ago
"The Internet of everything (IOE) has created a lot of excitement in the business community. What evidence could you present to
joja [24]

Answer:

Yes, the Internet of everything (IOE) has created a lot of excitement in the business community.

Explanation:

IOT has come to revolutionalized our life in many ramifications. It is regarded as the best and fastest means of connecting to the people as well as machines around world. It effect ranging from Aviation, Education, Health Care Services, and so on. Business operation have witnessed significant improvement in the sense that things get done over the Internet easily. One buy and sell, services such as consultancy are rendered over the Internet.

Example

The example is Telecom Industry.

It effect could be seen in communication, is those days where there was no internet, mail or letter are delivered taking longer period and sometime may even get loss but with Telecommunications, introduction of e-mail come where letters is being delivered within seconds.

6 0
3 years ago
The etruscans developed a special sophistication in casting and engraving on
Archy [21]
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4 0
3 years ago
Apex Systems Co. offers its services to residents in the Seattle area. Selected accounts from the ledger of Apex Systems Co. for
AfilCa [17]

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

                                          Apex Systems Co.

                             Statement of stockholders' equity  

                            For the fiscal year ended December 31, 2016

Particulars                  Common Stock          

Beginning

Balance                      $1,340,000

Add: Net income       $356,000    

Less:

Bart Nesbit, Drawing  -$91,200

Ending balance          $1,604,800                

                       

6 0
3 years ago
Which of the following is a likely reason that a company would move its facility from one location to another?
Finger [1]
A likely reason that a company would move its facility from one location to another is that they would like to access various modes of transportation, such as boats and/or railroad.
7 0
3 years ago
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