Answer:
OCF $20,562
Explanation:
Computation of Pompeii, Inc., operating cash flow
Using this formula
OCF = EBIT + Depreciation - Taxes
Where:
EBIT 24,000
Depreciation Expense 2,100
Taxes 5,538
Let plug in the formula
OCF = $24,000 + 2,100 - 5,538
OCF = $20,562
Therefore the Operating Cash flow is $20,562
Calculation for EBIT
Sales $48,500 - Costs $22,400 -Depreciation expense $2,100 = 24,000
Calculation for taxes
EBIT -Interest
24,000-1,850
=22,150
25%×22,150
=5,538
Greg got in over his head and kept buying things on his credit card that he couldn’t really afford. He ended up not being able to make payments on his card. What will happen because Greg failed to pay on his account?
Answer:
His account will be in default.
Explanation:
Defaulting on a loan means you've stopped making payments as agreed. How delinquent an account must become to be considered in default depends on the lender and the type of account.
Answer:
If you do not pay your credit card bill, you will have to pay late fees, have your interest rate increased, and it will damage your credit score.
Explanation:
Your debt could be sold to a collection agency and the collector of your debt could even sue you. You could even have your wages garnished.
Which are 2 open issues that you can view from the Transaction review tab?
Undeposited funds
Unapplied payments
Transactions posted to the wrong period
Reclassified transactions
Transactions without dates
The two open issues that can be viewed from the Transaction review tab are Undeposited funds and Unapplied payments.
What is undeposited funds?Undeposited funds refer to payments that have been received but have not yet been deposited into your bank account. This could happen if someone pays you with a check, but you haven't had a chance to go to the bank yet. Keeping track of undeposited funds is important because it helps you to accurately reconcile your accounts and ensure that you don't accidentally record the same transaction twice.
What is unapplied payment?Unapplied payments, on the other hand, refer to payments that have been received but haven't been applied to a specific invoice or customer account. This could happen if you receive a partial payment from a customer and haven't yet allocated it to a specific invoice, or if you receive a payment and aren't sure which customer account it belongs to. Keeping track of unapplied payments is important because it helps you to ensure that you're accurately tracking your accounts receivable and that you're not missing any payments.
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curtis invests $800,000 in a city of Athens bond that pays 10.00 percent interest. Alternatively, Curtis could have invested the $800,000 in a bond recently issued by Initech, Incorporated that pays 12.50 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. If Curtis invested in the Initech, Incorporated bonds, what would be his after-tax rate of return from this investment
Answer:
9.5%
Explanation:
The computation of the after tax rate of return is shown below:
But before that first determine the following calculations
The interest income earned
= $800,000 × 12.50%
= $100,000
Now After tax interest income is
= $100,000 × (1 - 0.24)
= $76,000
Now
After tax rate of return on investment is
= ($76,000 ÷ $800,000) × 100
= 9.5%
A company would like to produce 1000 products per week for 30 weeks.The Direct Material Cost for the raw materials used in the product is $1.50 per product.After producing 100 products, the company must stop production to replace a filter on the machine (the filter is replaced after producing every 100 products). The filter costs $50.00.What is the Total Cost Per Product? A. $2.00 per product B. $1.72 per product C. $3.50 per product D. $65.00 per product E. $1.55 per product
Answer:
d. $65.00
Explanation:
to get to 1000 products first you must multiply 100 by 10 to get 1000 and you do the same for $1.50 which gets you $15 lastly you add the $50 filter and get $65.
4. In Airline fare sales will reduce the yield. You can expect yield per passenger mile to drop about 10% for each month of fare sale. Calculate the break-even load factor of CAST is $0.21, regular fare is $0.35 per mile, and you are offering a two-month fare sale. 5. What impact might a 4% increase in compensation have on the break-even load factor for an airline
The breakeven load factor that can be deduced from the information given is $0.48.
How to calculate the breakeven load factorIn this case, the CAST is $0.21, and the regular fare is $0.35 per mile. Therefore, the breakeven point will be:
= Cost / Yield
= 0.21/0.35
= 0.60
When the yield per passenger drops 10% for 2 months fare, the load factor will be:
= 0.60 × (10% × 2)
= 0.60 × (0.10 × 2)
= 0.60 × 0.20
= 0.12
Therefore, the breakeven load factor will be:
= $0.60 - $0.12
= $0.48
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Which one of the following statements concerning dealers and brokers in the financial markets is correct? Multiple Choice o. A dealer pays the ask price when purchasing securities o. A broker never assumes ownership of the securities being traded. o. A broker deals solely in the primary market o. A dealer in market securities arranges sales between buyers and sellers for a fee. o. A broker eams income in the form of a bid-ask spread.
From the following statements "A broker never assumes ownership of the securities being traded" is correct.
Brokers arrange transactions between buyers and sellers in order to earn a commission after the transaction is completed. A broker playing the dual role of buyer or seller is considered the primary party to the transaction. These he two roles are distinct from the agent who is his primary party in the transaction.
Brokers are often impartial people who provide services used by multiple businesses. A broker's main job is to match buyers and sellers. A broker therefore acts as a neutral middleman between buyers and sellers.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
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what re the art
subject
Answer:
What is your question?
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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This magazine is not useful for/to me as I have ni taste in music debates. To or for?
Answer:
For
Explanation:
Use “to” when the reason or purpose is a verb. Use “for” when the reason or purpose is a noun.
Hope this helps! <3
A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit, fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:
Answer:
remain the same
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Initial Breakeven quantity = $720,000 / ($30 - $18) = 60,000
New Breakeven quantity = $900,000 / ($30 - $15) = 60,000
Breakeven point remained the same
6 . How shifts in demand and supply affect equilibrium Consider the market for pens. Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school. Moreover, the price of ink, an important input in pen production, has increased considerably.
Answer:
Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to pens in school.
This will shift the demand curve to the right, increasing the total demand at all price levels.Moreover, the price of ink, an important input in pen production, has increased considerably.
This will shift the supply curve to the left, increasing the price of pens at every demand level.What is sure is that the price of pens will increase. It is likely that the quantity demanded increases, but the extent by which the quantity demanded will increase is unknown.
What are the 2 main sources of data
Answer:
internal and external source
Explanation:
Answer:
There are two sources of data. they are:
1. Internal Source.
2. External Source.
Explanation:
Internal Source. When data are collected from reports and records of the organision itself, it is known as the internal source.
External Source. When data are collected from outside the organition, it is known as the external source.
Organizations refers to _____. demographics communication competition possible customers
Answer:
Organizations refers to demographics
Explanation:
Eduardo wants to purchase stock in a company that is headquartered in Australia. Eduardo
Multiple Choice
A. can buy the shares from a broker on a U.S. exchange.
B. cannot legally own the stock of an Australian corporation.
C. will have to place her order through the Sydney Stock Exchange.
D. must obtain an investor visa to complete the purchase.
3. What is the most appropriate method to collect average number of cars using the new highway in a month time? (A) Observation (B) Telephone interview (C) Questionnaire (D) Experiment
The most appropriate method to collect the average number of cars using the new highway in a month's time would be (A) Observation. This method allows for accurate and direct counting of cars without relying on self-reported data, which could be subject to bias or errors in recall.
Observation involves directly observing and recording the behavior or phenomenon of interest, without relying on self-report from participants. In this case, an observer could be stationed at various points along the highway to count the number of cars that pass by over the course of a month. This method would provide an accurate count of the number of cars using the highway and would not rely on self-report from drivers.Telephone interviews and questionnaires are methods of self-report, which may be subject to bias or inaccuracies. For example, individuals may not accurately remember or report the number of times they used the highway in a month. These methods may also suffer from response biases, such as social desirability bias, where individuals may provide answers that they believe are socially acceptable, rather than truthful.
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This company has information about businesses and complaints that have been filed against them. It would be a good idea to check here before making large purchases.
reward programs
comparison shopping
better business bureau
principal
The fact that they will check hbefore making large purchases. is B. comparison shopping.
What is comparison shopping?It should be noted that comparison shopping simply means choosing among the available suppliers to determine the best one.
In this case, the company is using the information to choose the best option.
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April plans on a starting a perfume business and decides she needs to first
conduct some marketing research. She wants to find out what kinds of
perfumes and scents women like to wear from as many women as
possible.
Which data collection method should she use?
• A. Observation
• B. Case study
•
C. Focus group
D. Survey
A chemistry professional degree: formulation of perfume, aroma, and cosmetics. There are modules on the safety and toxicology of the natural ingredients that are used in perfumes, and you will learn everything there is to know about them.
How do you get customers to buy perfume?Inquire as to whether they would like a scent, let them smell the aroma and guarantee the client that it is at a low, fair cost. Hand out aroma strips to each client, act amped up for the scent, shower the store often, and have ideas at key regions in the store.
How do perfume notes work?A fragrance's ingredients are its perfume notes. Top notes include citrus and lavender, heart notes include cinnamon and jasmine, and base notes include vanilla and musk. The perfume accord, which is a fragrance's fundamental character, is made up of this carefully selected mix of ingredients.
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Answer:
survey
Explanation:
trust
define securitization.
Answer:
The conversion of an asset, especially a loan, into marketable securities, typically for the purpose of raising cash by selling them to other investors.
in preparation of the pro forma income statement, which of the following items are deducted from gross profits to arrive at earnings after taxes?
To determine earnings after taxes, gross profits are reduced by tax expense, general and administrative expense, and interest expense.
Any tax debt a person or company has with the government is considered a tax cost. The tax rate, which is typically expressed as a percentage of the entire amount subject to tax, determines amount of taxes that must be paid. Income taxes, capital gains taxes, payroll taxes, and unemployed taxes are examples of common tax expenses. After considerations including non-deductible expenses, tax assets, and liabilities have been considered, the appropriate tax rate for in an individual or business is multiplied by the income received or created before to taxes.
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17. Why is it important to identify the stakeholders of a business? In your own words
Seedi started a business to repair computers. The following transactions are given to you for the first month of the business. 01. Invested so.sh. 5,000 as the capital 02. Obtained a bank loan of so.sh. 2,000 03. Deposited so.sh. 100 in a fixed deposit account 04. Earned a cash income so.sh.so.sh. 600 from computer repairs 05. Paid so.sh. 100 as the monthly rent of the business 06. Geedi withdrew so.sh. 200 from the business for her private use 07. Purchased equipment at so.sh. 100. 08. Paid so.sh. 500 of the telephone bill of the month. 09. Geedi invested an additional capital of so.sh. 500 10. Paid so.sh. 200 of the bank loan hove transactions to the accounting
Seedi started a business to repair computers. The journal entry for this transaction is:
Invested so.sh. 5,000 as the capital:
Debit Cash (Asset) so.sh. 5,000 Credit Capital (Owner's Equity) so.sh. 5,000.Obtained a bank loan of so.sh. 2,000:
Debit Cash (Asset) so.sh. 2,000 Credit Bank Loan (Liability) so.sh. 2,000.Deposited so.sh. 100 in a fixed deposit account:
Debit Cash (Asset) so.sh. 600 Credit Service Revenue (Revenue) so.sh. 600.The term journal entry was the first part of the Financial statement. The journal entry was the based on the debit and the credit record in the book entry. The Journal was the pro forma of the statement.
Earned a cash income so.sh.so.sh. 600 from computer repairs:
Debit Rent Expense (Expense) so.sh. 100 Credit Cash (Asset) so.sh. 100.Paid so.sh. 100 as the monthly rent of the business:
Debit Geedi's Withdrawals (Owner's Equity) so.sh. 200 Credit Cash (Asset) so.sh. 200.Geedi withdrew so.sh. 200 from the business for her private use:
Debit Equipment (Asset) so.sh. 100 Credit Cash (Asset) so.sh. 100.Purchased equipment at so.sh. 100. 08. Paid so.sh. 500 of the telephone bill of the month:
Debit Telephone Expense (Expense) so.sh. 500 Credit Cash (Asset) so.sh. 500.Geedi invested an additional capital of so.sh. 500 10.:
Debit Cash (Asset) so.sh. 500 Credit Capital (Owner's Equity) so.sh. 500.Paid so.sh. 200 of the bank loan hove transactions to the accounting:
Debit Bank Loan (Liability) so.sh. 200 Credit Cash (Asset) so.sh. 200.As a result, the significance of the journal entry for this transaction is the aforementioned.
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MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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What is a corporal's minimum time-in-grade requirement for regular promotion to sergeant?
12 months
10 months
8 months
9 months
The corporal minimum time-in-grade requirement for regular promotion to sergeant is 12 months.
The term sergeant refers to a non-commissioned officer place above the rank of corporal. It's require minimum time-in-grade is 12 month.
A non-commissioned officer ranking in the army above a private first class and below a sergeant and in the marine corps above a lance corporal and below a sergeant.
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A company known for delivering high-volume standardized services is 1
Walmart is a business recognized for providing standardized products and services in big volumes.
What is a company's straightforward definition?A corporation is a legal body founded by a group of persons to conduct in and operate the business or industrial—enterprise. Depending on the provisions of its country, a corporation may be set up in a variety of ways for tax , financial responsibility reasons.
How do companies differ from businesses?A firm may also be referred to as a "business." It's a general phrase that refers to all different kinds of business enterprises. Having said that, enterprises include fundamental entities that, in contrast to companies, aren't regarded as independent legal entities. For instance, a sole proprietorship isn't a distinct legal entity.
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The complete question is-
A company known for delivering high-volume standardized goods and services is:
the median of four numbers is 63.the three of the numbers are 60,62 and 92 what is the missing number
Answer: 64
Explanation:
To find the median of a number, we have to arrange the numbers that are given in either ascending or descending order.
In this case there are 4 numbers, let the fourth number be x, therefore the numbers will be:
60, 62, x and 92.
Since they are four numbers, the median will be the addition of the 2nd and 3rd number and then divided by 2. This will be:
(62 + x) / 2 = 63
62 + x = 126
x = 126 - 62
x = 64
The missing number is 64
You have been assigned the task of sending a communication to a job applicant who was not selected for a position in the organization. Write the letter. Once you have the letter written use another paragraph to explain the components of your letter. What is the purpose and appropriate channel to complete this task? Explain your answer and be sure to include the corporate culture of your organization. How was your choice of channel influenced by contextual forces?
Answer:
Greetings, [Applicant Name]
We are thankful that you chose to apply for such [Job] position within our firm. We value the time and effort you put into filling out the application and showing up for the interview.
We regret to inform you that we have chosen not to proceed with your application after thorough review. Despite the fact that you have great credentials and experience, we have found other applicants whose qualifications and background more closely meet the position's needs.
We want to thank you for your interest in our company and invite you to submit applications for any future openings that may come up.
Once more, thank you for your interest in our company. We wish you luck in all of your future pursuits.
Sincerely,
(Your Name)
[Your Name]
[Name of Organization]
This letter informs the job applicant that their application was unsuccessful for the position for which they applied. Email is the best medium for this contact. Our company's business culture emphasises responding to all job applicants promptly and courteously. We recognise that looking for a job may be stressful, so we work to make the process as easy and open-book as we can.
Contextual factors like the present pandemic scenario, which has increased the use of distant communication, had an impact on the channel choice. Also, email enables rapid delivery of a succinct and clear message, which is consistent with our organization's ideals of professionalism and effectiveness.
In conclusion, connecting with job candidates who are not even chosen for a position is a crucial activity that needs to be treated with respect. Related to organizational culture and circumstances of the case, a different channel may be more appropriate for this communication, but the message ought to remain clear and to the point.
The letter's objective is to offer the applicant a position in a different department of your business as the position he was seeking for is either filled or not open.
The appropriate channel to complete this task is Email.
Here is the letter to be written to the candidate-
Greetings, [Applicant Name]
We are thankful that you chose to apply for such [Job] position within our firm. We value the time and effort you put into filling out the application and showing up for the interview.
We regret to inform you that we have chosen not to proceed with your application after thorough review. Despite the fact that you have great credentials and experience, we have found other applicants whose qualifications and background more closely meet the position's needs.
We want to thank you for your interest in our company and invite you to submit applications for any future openings that may come up.
Once more, thank you for your interest in our company. We wish you luck in all of your future pursuits.
Sincerely,
(Your Name)
[Your Name]
[Name of Organization]
Summary of the letter-This letter tells the job seeker that their application was rejected for the position for which they applied. The most effective method of communication for this is email. The corporate culture of our organization places a strong focus on immediately and politely replying to all job candidates. We strive to make the hiring process as simple and transparent as we can since we understand that it may be stressful. How was your choice of channel influenced by contextual forces?The channel choice was influenced by contextual circumstances, such as the current pandemic situation, which has boosted the usage of remote communication.
Also, email makes it possible to send a message quickly and clearly, which is compatible with our organization's values of professionalism and effectiveness.
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At the beginning of 2020, Pronghorn Company acquired a mine for $1,732,800. Of this amount, $112,000 was ascribed to the land value and the remaining portion to the minerals in the mine. Surveys conducted by geologists have indicated that approximately 11,600,000 units of ore appear to be in the mine. Pronghorn incurred $190,400 of development costs associated with this mine prior to any extraction of minerals. It also determined that the fair value of its obligation to prepare the land for an alternative use when all of the mineral has been removed was $44,800. During 2020, 2,718,000 units of ore were extracted and 2,310,000 of these units were sold.
Required:
a. Compute the total amount of depletion for 2020.
b. Compute the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.
Answer: a. $434880
b. $369,600
Explanation:
a. Compute the total amount of depletion for 2020.
Depletion Rate can be calculated as:
= (Mine cost - Value of land + Obligation + Development cost)/Ore extracted
= ($1,732,800 - $112,000 + $44,800 + $190,400)/$11,600,000
= $1856000/$11600000
= 0.16
Total amount of depletion for 2020 will now be calculated as:
= Depletion Rate × Ore extracted
= 0.16 × 2,718,000
= $434880
b. Compute the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.
This will be calculated as the totsl depletion for 2014 divided by the value of the amount of ore that was extracted multiplied with amount of unit sold. This will be:
= (434,880/2,718,000) × 2,310,000
= 0.16 × 2,310,000
= $369,600
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.