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Ilya [14]
3 years ago
5

"On January 1, 2012, Brown Company purchased a mine for $100,000. On this same date, it was estimated that the mine contained 1,

000 tons of ore. During 2012, 300 tons of ore were extracted from the mine. The amount of depletion expense for 2012 would be:"
Business
1 answer:
lapo4ka [179]3 years ago
5 0

Options:

$1,000

$100,000

$30,000

$3,000

Answer:

The amount of depletion expense for 2012 would be =$30000.

Explanation:

Amount of depletion expense for 2012 = ($100000/1000 ton)*300 ton  

= $30000

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It will help organize the flow of ideas
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In the context of consumer behavior (CB), researchers derive meaning from talking to people and observing their behavior rather
Mariulka [41]

Answer:

The correct answer is (b)

Explanation:

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3 years ago
Carl wants to add a new slide to his PowerPoint presentation. Which option should he use?
Orlov [11]

The question is incomplete:

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D) On the Home tab, click the Arrange command.

Answer:

C) On the Home tab, click the New Slide command.

Explanation:

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The other options are not right because there is no insert new or add new command on the Insert tab and the arrange command is used for organizing the objects.

6 0
2 years ago
An increase in​ income, holding prices​ constant, can be represented as A. a change in the slope of the budget line. B. a parall
Lisa [10]

Answer:

Option (B) is correct.

Explanation:

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Other factors remains the same, an increase in the income level of the consumer will increase the consumption of both the goods because the prices of both the goods are constant.

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Assume that Simple Co. had credit sales of $258,000 and cost of goods sold of $158,000 for the period. Simple uses the aging met
Sphinxa [80]

Answer: The amount of bad debt expense the company would record would be $3,470.

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In this scenario, Simple Co. estimated, using the aging method, that the allowance for doubtful accounts is $3,800. However, it had a credit balance of $330 in the same account. The reinstate the allowance account to $3,800, $3,470 has to be adjusted for by debiting bad debt expense and crediting allowance for doubtful account.

3 0
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