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r-ruslan [8.4K]
3 years ago
5

Exam Instructions

Business
1 answer:
zavuch27 [327]3 years ago
3 0

Answer:

the answer is C. department store

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Sasha's new company has told her that she will be required to move at her own expense in two years. What should she consider bef
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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $300,000 for extrac
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Answer:

The cost of depletion in the current year is $90,000

Explanation:

Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted

cost of rights is $300,000

turquoise extracted in the current year is 1,500 pounds

total estimated turquoise to be extracted over a five-year period is 5000 pounds

cost of depletion in the current year=$300,000*1500/5000

                                                           =$ 90,000.00  

By extension profit for the year assuming no other costs were incurred is :

$200,000-$90,000=$110,000

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3 years ago
Which aspect do you think is most important for an entrepreneur in order to achieve venture capital? Why?
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Answer:

savings

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