Answer:
A. $279,000
B. $27,900
Explanation:
A. Calculation for 2021 depletion of the timber tract
2021 Depletion=[($3,510,000 - $720,000) / 6.2 million] *$620,000
2021 Depletion=0.45x 620,000
2021 Depletion= $279,000
Therefore 2021 depletion of the timber tract is $279,000
B. Calculation to determine the depreciation of the logging roads
Depreciation=($279,000 / 6.2 million)*$620,000 Depreciation= 0.073*$620,000
Depreciation= $27,900
Therefore the depreciation of the logging roads is $27,900
Answer:
C. cost-benefit analysis
Explanation:
Cost - benefit analysis -
It is the method to analyse any decision in a very brief manner , is referred to as cost - benefit analysis .
The cost of the complete business or the project is calculated and analysed with the actual cost used for it .
The method is done with the help of certain models , data , records etc. in order to analyse even the minute details in a proper manner .
Hence , from the given scenario of the question ,
The correct answer is C. cost-benefit analysis .
Answer:
<em>C. Recording an item that should be recorded as an operating activity as an investing activity. </em>
Explanation:
<em>Hope it helped</em>
Answer:
<u>Cowboy Law Firm</u>
<u>Income statement for the period ended December</u>
Amount in $
Service revenue 8,500
Utilities (1,000)
Salaries expense <u> (1,300)</u>
Net income/(loss) <u> 6,200</u>
Explanation:
An income statement is a part of the financial statements that shows how profitable the activities of an entity was for a given period of time. It is usually stated as the income statement for a period end.
The elements of the income statement include the revenue otherwise called sales, expenses including cost of goods sold, operating expenses etc and the profit or loss as well as the other comprehensive income/loss.
Answer:
yes they were
Explanation:
on the show they were 3 kids, 2 boys and 1 girl they were a cat, gecko, and an owl.