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IgorC [24]
3 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]3 years ago
7 0
Should your answr  be a ratio it is 75/375
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At the end of 2016, Concord Corporation has accounts receivable of $704,700 and an allowance for doubtful accounts of $26,850. O
Ivan

Answer:

The journal entry to record the write off is :

Allowance for doubtful accounts Debit              $ 4,384

Accounts Receivables                  Credit                                  $ 4,384

Explanation:

Write offs of account receivables can either be done under the direct method or through an allowance for uncollectible account.

in the direct method, any bad debts is directly written off by a debit to the bad debts expense and accounts receivable is credited.

In entities, which follow the allowance account, a percentage of sales is normally credited to the allowance account with the debit to the bad debts accounts. All receivable balances written off are then recorded as per the above journal entry.

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4 years ago
Viết lý do chọn đề tài hay về chiến lược xúc tiến của công ty grab
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Answer:

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4 0
3 years ago
1. Suppose that nominal GDP was $11 trillion in 2040 in Bedrock. In 2050, nominal GDP was $15 trillion in Bedrock. The price lev
emmainna [20.7K]

Answer and Explanation:

The computation is shown below;

1.

Nominal GDP growth is

= (Nominal GDP as on 2050 - Nominal GDP as on 2040) × 100 ÷ (Nominal GDP as on 2040)

= ($15 trillion - $11 trillion) × 100 ÷ $11 trilion

= 36.4 %

Now

Economic growth is

= Nominal GDP growth rate - fall in price level - population growth rate

= 36.4% - (-6%) - 3%

= 39.4%

2.

Nominal GDP growth is

= (Nominal GDP as on 2050 - Nominal GDP as on 2040) × 100 ÷ (Nominal GDP as on 2040)

= ($18 trillion - $20 trillion) × 100 ÷ $20 trilion

= -10%

Now

Economic growth is

= Nominal GDP growth rate - rise in price level - population growth rate

= -10% -  3% - 2%

= -15%

3.

Nominal GDP growth is

= (Nominal GDP as on 2050 - Nominal GDP as on 2040) × 100 ÷ (Nominal GDP as on 2040)

= ($10 trillion - $8 trillion) × 100 ÷ $8 trilion

= 25%

Now

Economic growth is

= Nominal GDP growth rate - rise in price level - population growth rate

= 25% - 18% - 13%

= -6%

7 0
3 years ago
Suppose a developer is interested in building a new subdivision of single-family homes. Through her market research, the develop
Neporo4naja [7]

The assumed capture rate will be 25%.

<h3>How to calculate the rate?</h3>

From the information given, the the developer has determined that the target market segment potential in year 1 consists of 176 households and the developer projects that she will be able to sell 44 homes in the first year.

The capture rate will be:

= 44/176

= 25%

Learn more about rate on:

brainly.com/question/25537936

#SPJ1

6 0
2 years ago
EFT, Inc. EFT, Inc. wants to empower and engage its employees. They have several teams consisting of highly skilled employees an
Alecsey [184]

Answer:

This question is incomplete, the options are missing and the final sentence is written wrong.

The options are the following:

a) People-oriented leadership

b) Managerial leadership

c) Shared leadership

d) Servant leadership

And the correct answer is the option C: Shared leadership

That type of leadership<u> is known as</u> Shared leadership.

Explanation:

To begin with, the <em>"Shared leadership" </em>is the name given to a style of leadership that is used in the companies with the purpose of letting the members of a team to work together as there were no leader at all but instead every member lead each other as the occassions arises and the project goes on. Therefore that this style matches with the description given in where the team members help each other to resolve the situations that evolve as long as the project keeps to continue.

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