Answer:
The cost of depletion in the current year is $90,000
Explanation:
Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted
cost of rights is $300,000
turquoise extracted in the current year is 1,500 pounds
total estimated turquoise to be extracted over a five-year period is 5000 pounds
cost of depletion in the current year=$300,000*1500/5000
=$ 90,000.00
By extension profit for the year assuming no other costs were incurred is :
$200,000-$90,000=$110,000
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well (in the United States, for example, the government releases an annualized GDP estimate for each quarter and also for an entire year).
All the products by U . S company matter where are they products
Answer:
A. Selection of the appropriate causal variable Y is important
Explanation:
We have this function, Y = f(X).
From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.
Therefore the incorrect one is Selection of the appropriate causal variable Y is important
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Not necessarily. Sure, there are some things where it is very clear what is right and wrong but there are so many situations where it is hard to differentiate between what is right and what isn't.
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- Ally ✧
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