Jack up truck bought it to the safe do what you want
That would be E job completion paying extra to stay and get the work done is job completion.
Answer:
IGR = 9.1640%
Explanation:
.45 dividend payout ratio
1 - .45 = .55 retention ratio
ROA = Return on Assets
Income before taxes 6,200
Assets 11,820 + 28,800 = 40,620 Total Assets
ROA 6,200 / 40,620 = 0.15263417
IGR = 0.09164031 = 9.1640%
Answer:
Explanation:
The journal entry is shown below:
Inventory A/c Dr $73,500
To Accumulated depletion A/c $73,500
(Being the depletion is recorded)
The computation is shown below
First we have to compute the depletion per ton which is shown below:
= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)
= ($400,000 + $100,000 + $80,000 - $160,000) ÷ (4,000 tons)
= $105
Now if 700 are extracted in first year, so the depletion would be
= 700 × $105
= $73,500
