Answer:
depletion of the timber tract = $228,000 and
depreciation of the logging roads = $22,800
Explanation:
Timber tract
Depletion rate = (Cost - Residual Value) ÷ Estimated units
= ($2,950,000 - $670,000) ÷ 5,700,000
= $0.40
Depletion expense = Units used x Depletion rate
= 570,000 x $0.40
= $228,000
Logging Roads
Depreciation rate = (Cost - Residual Value) ÷ Estimated units
= ($228,000 - $0) ÷ 5,700,000
= $0.04
Depreciation expense = Units used x Depreciation rate
= 570,000 x $0.04
= $22,800
Answer:
Option A. $7000
Explanation:
The reason is that in the statement of cash flow, the interest expense for the year paid is an cash ouflow and must be deducted from the operating activities as it the companies borrow to finance its operations to perform better. Hence it is related to operating activities, so it must be deducted from the operating activities.
The interest paid at the end of the year is $7000 ($100,000 * 7%).
Answer:
<u>Productos</u>:
-Leche entera
-Manzana
-Cuadernos y lápices
-Chocolate
-Caramelos
-Gaseosas
<u>Servicios</u>:
-Electricidad
-Dentista
-Gym
-Peluquería
-Veterinaria
-Restaurant
-Remis
-Supermercado
Explanation:
Un bien es un producto tangible que es comercializado en el mercado, generalmente consumible o utilizable, y que es utilizado o consumido en forma directa por quien lo adquiere.
Un servicio, en cambio, es una prestación efectuada por un trabajador en favor de terceros, quienes son los que pagan por el servicio. Así, las prestaciones médicas o de transporte son considerados servicios.
Answer:
manage risk in the financial markets
watch banks and protect customers
provide banking services
Influence the money supply
Explanation:
The Fed tries to manage risk in the financial markets. For example, the Federal Reserve would be concerned that the effects of the failure of one financial institution, such as a big bank, might spread to other banks.
The Fed watches over banks and tries to protect banking customers. For example, the Federal Reserve enforces the Truth in Lending Act, which protects people who use credit cards or borrow money to pay an expense, also known as using credit, from deceptive practices.
The Fed offers banking services, such as loans, to other banks, the U.S. government, and other countries.
Maybe most important, the Fed influences the growth of the money supply. The money supply is the amount of money that is flowing through the economy.