Answer:
$20,000,000
Explanation:
Depletion expense
= (cost / total estimated minerals) x minerals extracted
(100,000,000 / 2,500,000) x 500,000
= $20,000,000
Answer:
You may use identification documents that are expired or appear fraudulent in the processing of financial product applications.
b. False
Explanation:
Using expired or fraudulent documents to process applications for financial products is a financial crime or fraud. It is a form of theft or larceny. It is also morally reprehensible for one to misrepresent or misstate data for the purpose of obtaining a financial advantage. When such a crime is perpetrated, it means that the other party had been defrauded of their financial resources. The law does not pity the party that intentionally engages in misrepresentation or misstatement of records.
<span>A mill is equal to one thousandth of a dollar, so if the tax rate is 48 mills that means that the tax owed is $48 for each $1000 of assessed property value. So one can work backwards from tax paid to property value by dividing the tax paid by the mill rate and then multiplying by 1000. In this case, since Bill paid a tax of $5800, the assessed valuation of his property is equal to (5800/48)* 1000, which works out to $120,833.</span>
Brook's Law is the statement that adding more people to a late project makes the project later.
Over time, the average consumer will be better off from reduced trade barriers by lower prices.
- Comparative advantages allow countries to manufacture the goods at which they are experts.
- A is skilled at making delicious wine, and they can do so for less money than B while still creating a wine of higher quality.
- When trade obstacles are lowered, wine from country A will be sold in country B, customers will have more wine options available to them, and prices will be substantially less different than they are when strong barriers are in place.
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