Answer:
depletion expense recognize over the first year: 400,000 dollars
Explanation:
it cost 2,500,000 the right to extract 10,000 tons
To obtain therate we divide the cost over the expected tons of materials
rate per ton: 2,500,000 / 10,000 = 250 dollars
Now we calculate the depletion based on the amount extracted on the first year:
<em>first year extractions: </em>1,600 tons
depletion expense: 1,600 tons x 250 dollars = <em>400,000</em>
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Answer:
In this scenario, the following options are correct:
c.To avoid creating legal liability for your company.
e.To make the receiver understand the bad news.
Explanation:
- In our case, the options c and e are correct because if we are in a agreement with the shipping company then we have to fulfill the legal requirements and other obligations so that we don't have to face the legal issues in this case.
- Moreover, the letter will make the company full aware of the situation that why we are terminating our business relationship with them so that all the things remain clear.
- All other options are not valid in our scenario, like option a because we don't want to continue more correspondence with them due to their bad services. Similarly, the letter is intended to make them understand we don't want more business with them. We don't want the company that we are angry as it is not enough rather we do want to understand the whole scenario that they are not doing good business as well as we are going to end business with them.
Answer:
The correct answer is: a new law that interferes with economic efficiency.
Explanation:
A production possibilities frontier shows all the points where production is efficient. The resources are being completely employed. The points above the frontier are unattainable. The points below the frontier are attainable but inefficient.
If there is a movement from the frontier to a point below it. This means inefficient allocation of resources. It can happen because of some law interfering in efficient allocation of resources.
Answer: False
Explanation: The operations defined in the given problem are performed by the project manager and not the project sponsor.
The project manager is typically considered as the owner of the project. Its main duties relates to providing necessary resources to complete the project. On the other hand the project manager is responsible for completing the project in the way it was planned to be.
Thus, the given statement is false.
