subject
Business, 15.01.2020 03:31 mmmmaaarriiieeee

Coal miner co. acquired coal rights for $100,000,000. it is estimated that there are 2,500,000 tons of the resource, and during the current year 500,000 tons were mined and sold. what is the amount of depletion for the current year?
a. $2,500,000
b. $10,000,000
c. $20,000,000
d. $2,000,000

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, help1572
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
image
Business, 22.06.2019 19:00, 3peak101
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
image
Business, 23.06.2019 01:20, lizzy6629
Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock
Answers: 1
image
Business, 23.06.2019 08:10, lexybellx3
Suppose that in the year 2020 the price level in the fictional country of demet is 100, and the governement is considering
Answers: 2
You know the right answer?
Coal miner co. acquired coal rights for $100,000,000. it is estimated that there are 2,500,000 tons...

Questions in other subjects:

Konu
Mathematics, 04.04.2021 04:10
Konu
English, 04.04.2021 04:10