Business, 18.09.2019 22:30 behemoth42

At the beginning of 2017, aristotle company acquired a mine for $970,000. of this amount, $100,000 was ascribed to the land value and the remaining portion to the minerals in the mine. surveys conducted by geologists have indicated that approximately 12,000,000 units of ore appear to be in the mine. aristotle incurred $170,000 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 $40,000. during 2017, 2,500,000 units of ore were extracted and 2,100,000 of these units were sold. compute the following. collapse question part (a) the total amount of depletion for 2017. (round per unit answer to 2 decimal places, e. g. 0.45 for computational purpose and final answer to 0 decimal places, e. g. 45,892.)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 19:50, oomale

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Answers: 1

continue

Business, 22.06.2019 21:00, gd9075

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?

Answers: 1

continue

Business, 22.06.2019 21:20, isabelvaldez123

Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor

Answers: 2

continue

Business, 23.06.2019 00:20, 218219

Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?

Answers: 1

continue

You know the right answer?

At the beginning of 2017, aristotle company acquired a mine for $970,000. of this amount, $100,000 w...