Answer:
the value of the goods that were given up to produce the bicycle.
Explanation:
Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.
the opportunity cost of purchasing the bicycle is the value of other things that could have been bought instead of the bicycle
When a plant can produce more with the same amount of inputs, this is an increased in efficiency.
Answer:
Inventory Dr $77,175
To Accumulated depletion $77,175
(being the depletion is recorded)
Explanation:
The journal entry is shown below:
Inventory Dr $77,175
To Accumulated depletion $77,175
(being the depletion is recorded)
For recording this we debited the inventory as it increased the assets and credited the accumulated depletion as it decreased the assets
The computation is shown below:
= (Cost of coal mine + intangible development cost + estimated fair value of the obligation - sales value) ÷ (extracted estimated tons) × (extracted tons for the first year)
= ($420,000 + $105,000 + $84,000 - $168,000) ÷ (4,200 tons) × (735 tons)
= $77,175
The channel of communication refers to the medium that carries the message for a firm, such as a salesperson, advertising media, or public relations tools.
What is Advertising media?
The term "advertising media" refers to a broad range of promotional outlets. Brands connect with potential consumers via a variety of advertising platforms. Utilizing the best channel may boost revenue and build enduring relationships with customers. Each brand must prioritize advertising media. Between a brand and its customers, each channel serves as a middleman. Discovering the ideal channel enables firms to successfully market their goods, explain their worth, and preserve reliable connections with the target market.
Learn more about Advertising media here:
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Answer:
$930,000
Explanation:
The computation of the amount that should the Fund report the securities in its balance sheet on December 31, 2020 is shown below;
Here on the balance sheet, only fair value should be recorded i.e.. $930,000
So as per the given situation, no other amount should be reported
hence, the amount that should the Fund report the securities in its balance sheet on December 31, 2020 is $930,000