Answer:
$1,512,000
Explanation:
The computation of the depletion expense is shown below:
= (Purchase value of mineral mine - the estimated value of the property + development costs) ÷ estimated tons × number of tons sold
= ($5,100,000 - $300,000 + $1,500,000) ÷ 2,000,000 tons × 480,000 tons
= $1,512,000
Simply we deduct the estimated value of the property and added the development cost to the purchase value of mineral mine and then do the proportionate so that the accurate value can come
Answer:
The correct answer is: operations management.
Explanation:
Operations management refers to the management of business practices within a company to achieve the highest possible level of quality, in an attempt to increase profit. There is a wide range of activities that fall under the category of operations activities. Among them, we can identify quality service assurance.
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The answer to your question is False
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Answer: $22,000
Explanation:
The total revenue to be recognized by Italian Fine Dinning Inc. is the standalone selling price for the franchise services which is $88,000.
As this contract is for a four year period, Italian Fine Dinning Inc will have to recognize the above revenue over a period of 4 years.
Revenue in December 2020 will therefore:
= 88,000 / 4
= $22,000
When government intervention makes currency worthless, this condition is called?
ANSWER
Hyperinflation