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3 years ago

Why should a society be careful in using its natural resources

Business

1 answer:

soldi70 [24.7K]3 years ago

3 0

Answer:

... because natural resources are limited in quantity, and once they are depleted, they are gone forever.

Explanation:

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Items of value owned by a business are known as which of the following?

Andre45 [30]

Answer:

Explanation:

Assets

6 0

3 years ago

MC algo 3-13 Equity Multuiplier Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ i

Helga [31]

Answer:

The answer is Option D. 1.68 times

Explanation:

The formula for equity multiplier is:

Equity Multiplier = Total assets ÷ Total stockholder's equity

In 2017:

Total stockholder's equity = Common stock + Retained earnings

Total stockholder's equity = $2890 + $700 = $3590

Total assets = $6,015

Now, putting these values in the above formula, we get,

Equity multiplier = $6,015 ÷ $3,590 = 1.68 times

5 0

3 years ago

On March 1, 2015, Landon Company acquired real estate on which it planned to construct a small office building. The company paid

Murljashka [212]

Answer:

The amount to be reported as the cost of the land is $101,000

Explanation:

Given information

Paid cash - $90,000

Cost of property $7,600

Salvaged materials - $1,700

Attorney's fee for work concerning the land purchase - $1,100

Real estate broker's fee - $4,000

Architect's fee - $7,800

Put in driveways and a parking lot - $14,000

For computing the amount of the cost of the land, the Architect's fee and Put in driveways and a parking lot is not considered as it is not related to the land expenses. The computation is shown below

= Cash amount + Cost of property - Salvaged materials + Attorney's fee + Real estate broker's fee

= $90,000 + $7,600 - $1,700 + $1,100 + $4,000

= $101,000

Thus, the amount to be reported as the cost of the land is $101,000

4 0

3 years ago

A company started the year with "$185,000 of goods finished" and ready for sale. During the year, a total of $700,000 of goods w

gulaghasi [49]

Answer:

$110,000

Explanation:

The closing balance in the finished goods inventory account is a function of the opening balance and the net movement that occurred during the year.

As such, the closing balance

= opening balance + purchases/production - sales

Given;

opening balance = $185,000

purchases/production = $550,000

sales = $625,000

Therefore,

closing balance in the finished goods = $185,000 + $550,000 - $625,000

= $110,000

6 0

3 years ago

Last month your average daily rate was $76.99, and you had 2,932 rooms occupied. You want to know how this compares to the same

poizon [28]

Answer:

85 less rooms this year than last

Explanation:

The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):

$n=\frac{\$231,470}{\$76.72}\\n=3,017\\$

The number of rooms occupied last year is larger than the number of rooms occupied this year by:

$\Delta n = 3,017-2,932\\\Delta n = 85\ rooms$

The hotel occupied 85 less rooms this year than last.

7 0

3 years ago