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Marta_Voda [28]
3 years ago
7

Information related to plant assets, natural resources, and intangibles at the end of 2020 for Cheyenne Corp. is as follows: bui

ldings $1,110,000, accumulated depreciation—buildings $651,000, goodwill $410,000, coal mine $500,000, and accumulated depletion—coal mine $104,000. Prepare a partial balance sheet of Cheyenne Corp. for these items. (List Property, Plant and Equipment in order of Coal Mine and Buildings.)
Business
1 answer:
Mkey [24]3 years ago
5 0

Answer:

Cheyenne Corp.

Balance Sheet

For the year ended December 31, 2020

<u>Assets</u> ...

Long term assets:

Plant, property & equipment

Coal mine                               $500,000

Acc. depletion, coal mines   <u>($104,000)</u>       $396,000

Buildings                                $1,110,000

Acc. depreciation, buildings <u>($651,000</u>)      <u>$459,000</u>

Total P,P & E                                                                     $855,000

Goodwill                                                                            <u>$410,000</u>

Total long term assets                                                                     $1,265,000              

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If the Administrator summarily suspends an agent's registration, the agent (who is not too happy about this!) can request a hearing in front of the Administrator.

A person chosen by the court to manage the estate of someone who passed away without a will is known as an administrator in law. An official appointed under an Administration Order in regard to a business that is having financial difficulties as an alternative to liquidation, as defined by British bankruptcy law.

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7 0
1 year ago
Check out this cube: The figure presents a cube. The length of one edge is labeled as 4 units The figure presents a cube. The le
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Answer:

The surface area of the cube is 96 squared unit.

Explanation:

The surface area of a cube is the addition of the area of each surfaces. The surface net of the cube illustrates that it has 6 squares of 4 unit length each.

So that,

 Area of a square = length × width

But, length = width

⇒ Area of a square  = (length)^{2}

                              = (4)^{2}

                              = 16

Area of one of the squares of the cube is 16 squared unit.

Surface area of the cube = number of squares × Area of one of the squares of the cube

                                          = 6 ×16

                                          = 96 squared unit

The surface area of the cube is 96 squared unit.

4 0
3 years ago
One year ago, you purchased $6,000 worth of a mutual fund at an offering price of $38.10 a share. Today, the fund distributed $0
dalvyx [7]

Answer:

a. 7.48%

Explanation:

Number of shares = $ 6,000 / $ 38.10

Number of shares = 157.48

Rate of return = [Number of shares * (Short term gans + Long term gains + ((1 - Front end load) * (Current offering price)) - Purchase price] / Purchase price

Rate of return = [157.48 * ($0.20 + $1.04 + ((1 - 0.05 ) * $41.80)) - $6,000] / $6,000

Rate of return = [157.48 * ($0.20 + $1.04 + (0.95 * $41.80)) - $6,000] / $6,000

Rate of return = [157.48 * ($1.24 + $39.71) - $6,000] / $6,000

Rate of return = $448.806 / $6,000

Rate of return = 0.074801

Rate of return = 7.48%

6 0
3 years ago
Company X developed a highly innovative product and began exporting it. Both domestic and international markets became aware of
Delicious77 [7]

Answer: the correct answer is (A) international product life cycle

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International product life cycle is based on the theory of product life cycle that basically states that a product cycle has four stages: introduction, growth, maturity and decline.

4 0
2 years ago
Importance of technology in today's industry?​
Crank

Answer:

Without technology we can’t improve our life.  And without improving technology we are stuck.  Technology is solving all kinds of problems in the world. You can’t remove the problems, there will still be here even if you stop improving technology. And if you solve them, more problems will come.  So technology is used to continuously solve problems, to improve people’s life, economy, education, and so on.  What I think is that technology is one of the pillar of world development. If you remove it, everything else will fall.

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3 years ago
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