Answer:
Depletion
Explanation:
The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called Depletion
Answer: 45 ounces of cheddar cheese is required to make 40 eight-ounce portions.
Explanation:
To find : Quantity of cheddar cheese required to make 40 eight-ounce portions.
Given: Quantity of cheddar cheese required to make 32 four-ounce portions. = 18 ounces
⇒ Quantity of cheddar cheese required to make 1 four-ounce portions. = ounces.
⇒ Quantity of cheddar cheese required to make 1 eight-ounce portions. = ounces.
ounces.
⇒ Quantity of cheddar cheese required to make 40 eight-ounce portions =
Hence, 45 ounces of cheddar cheese is required to make 40 eight-ounce portions.
Answer:
104.6 million
Explanation:
Data provided in the question:
Free cash flows for 2018 = $58.1 million
Investment in operating capital = $41.1 million
Depreciation expense = $15.5
Taxes on EBIT in 2018 = $20.9 million
Now,
EBIT
= Free Cash Flow + Investment in operating capital + Taxes - Depreciation
on substituting the respective values, we get
EBIT = $58.1 million + $41.1 million + $20.9 million - $15.5
or
EBIT = 104.6 million
Answer:
Ending inventory in units= 204
Explanation:
Giving the following information:
Beginning inventory= 85 units that cost $22 per unit.
Purchase= 481 units at $19 each.
Sales= 362 units for $46 each.
<u>To calculate the ending inventory in units, we need to use the following formula:</u>
Ending inventory in units= total number of units - units sold
Ending inventory in units= 566 - 362
Ending inventory in units= 204