Answer:
$562,500
Explanation:
Depletion expenses = Land expenses
Depletion expenses = [$2,300,000 - $50,000 / 4]
Depletion expenses = $2,250,000 / 4
Depletion expenses = $562500
So, the depletion expense recorded for 2018 is $562,500
The release of earnings announcements and economic indicators are similar because c) both are estimated in advance by analysts.
<h3>Why are earnings announcements analyzed?</h3>
Earnings announcements help determine the value of a company and so they are analysed to help people decide if they can invest and make a capital gain.
Economic indicators are also analyzed with the goal being to predict where the economy is going and what to do about it.
The full question and options are:
What does the release of earnings announcements have in common with the release of economic indicators?
a) Both are typically released on a quarterly basis.
b) both are typically published by corporations
c) both are estimated in advance by analysts
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The correct option is A.
Both paying with a check and paying with a debit card is accepted by most business as means of payment. The two methods allows you to draw money from your account to settle your funds needs.
Although, both means can be used to pay for purchases, there are some basic differences between the two method. For instance, a PIN is needed for you to utilize your debit card, but check does not required this. Also, an overdraft check can be drawn from a bank, but with debit card, you can only spend the money you have in your account.
Rent and maintenance expenses are the service department that would most likely to use square feet of floor space occupied as the allocation base to assign its costs to operating departments.
<h3>What is cost allocation?</h3>
Cost allocation is a financial term, that is used to share costs that are common among different departments, services or inventory items.
In other words, cost allocation is the method of assigning costs to cost objects.
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The answer is a dividend. These companies give their shareholders this payment base on their share of stock. They provided it to show that the company has a stable financial condition. Thus, their trust is gained due to this kind of benefit.
