1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorC [24]
2 years ago
6

Land containing a mine having an estimated 1,000,000 tons of economically extractable ore is purchased for $375,000. after the o

re deposit is removed, the land will be worth $75,000. if 100,000 tons of ore are mined and sold during the first year, the depletion cost charged to expense for the year is:
Business
1 answer:
Leokris [45]2 years ago
7 0
Should your answr  be a ratio it is 75/375
You might be interested in
Suppose that the market demand curve for scooters is given by P = 300 - 5Q, where P is the price and Q is total industry output.
BigorU [14]

Answer:

The total number of scooters is 10

Explanation:

Total profit is maximized where Marginal Revenue (MR) = Total Marginal Cost

= 50 + 50 + 50 + 50 = $200

TR = P × Q = (300 - 5Q) × Q = 300Q - 5Q²

So, MR = \frac{d(TR)}{dQ} = 300 - 2(5Q) = 300 - 10Q

Now, MR = 200 gives,

300 - 10Q = 200

So, 10Q = 300 - 200 = 100

So, Q = \frac{100}{10}

So, Q = 10

7 0
3 years ago
Suppose that a bank has loaned money to two businesses: a trustworthy computer manufacturer and a risky mining venture. Unfortun
Vladimir [108]

Answer:

The situation is called insolvency. bank is unable to pay to depositor.

Explanation:

The situation is called insolvency. insolvency is refer to the situation when debtor is unable return its debt.  The same is happened in the given situation. In the above case due to not paid by manufacturing unit, bank is unable to pay to depositor.

Insolvency is refer to that critical condition when debtor unable to pay amount to depositor. In the above given case even if bank want to sell its all assets it cannot cover its liabilities.

3 0
3 years ago
Prepare journal entries to record the declaration and payment of these stock and cash dividends. 2. Prepare the December 31, 202
erma4kov [3.2K]

Answer:

Retained Earning (Dr.) $295,000

Stock Dividend Payable (Cr.) $295,000

To record stock dividend

Retained Earnings (Dr.) $157,800

Cash (Dr.) $157,800

To record cash dividend

Explanation:

Statement of Shareholder's Equity

Retained Earnings Beginning Jan 21 $1,275,000

Net Income $2,250,000

Cash Dividend $157,800

Stock Dividend $295,000

Retained Earning Ending $3,072,200

5 0
3 years ago
Failure to pay a loan is referred to as:
LiRa [457]
That would be:

B.) Defualt
3 0
3 years ago
Read 2 more answers
it is usually less expensive to rent an apartment than to purchase a similar sized home when chapter 15
Elan Coil [88]

It is usually less expensive to rent an apartment than to purchase similar sized home when the land in the area is overprized.

<h3>What is an apartment?</h3>

An apartment, also known as a flat, is a type of residential real estate that is a self-contained living space that is typically one story high and affixed to a building. These general buildings go by numerous names; a list is below. The housing tenure of flats also varies greatly, from large-scale public housing to owner occupancy within what is officially a condominium (strata title or commonhold) to tenants renting from a private landlord (see leasehold estate). The term "apartment" is more frequently used in professional real estate and architectural circles in the UK than in other contexts, where "flat" is more frequently—though not always—used to refer to an apartment with a single level (thus, a "flat" apartment).

To learn more about apartment, visit:

brainly.com/question/12461997

#SPJ4

7 0
9 months ago
Other questions:
  • McDonald's conducts a value chain analysis of Burger King and discovers that Burger King's logistics and procurement of inputs a
    15·1 answer
  • Taxon Corp. granted restricted stock units (RSUs) representing 50 million of its $1 par common shares to executives, subject to
    6·2 answers
  • Selected transactions for Spring-Green Lawn Care Company are listed below.
    15·1 answer
  • The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
    9·1 answer
  • Economies around the world were still recovering during 2012 after the 2008-2009 recession. Governments and central banks contin
    7·1 answer
  • What are 3 ways that the brain learns
    5·2 answers
  • A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated
    15·2 answers
  • 6. When food is plated with prime rib in front, puréed turnips at the rear, and a salad topped with Italian cheeses beside them,
    7·1 answer
  • The ________ type of recruitment strategy uses physical and/or psychological pressure on potential members and threatens that ei
    7·1 answer
  • The accounting process of ensuring accuracy and completeness includes Journalizing transactions timely using ledgers and journal
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!