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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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