The question is incomplete. Here is the complete question.
The Weber Company purchased a mining site for $1,750,000 on July 1. The company expects to mine ore for the next 10 years and anticipates that a total of 400,000 tons will be recovered. The estimated residual value of the property is $150,000. During the first year, the company extracted 6,500 tons of ore. The depletion expense is
Answer:
$26,000
Explanation:
Weber company purchases a mining site for $1,750,000
The company is expected to mine ore for a period of 10 years
A total of 400,000 tons is expected to be recovered
The estimated residual value of the property is $150,000
During the first year, the company extracts 6,500 tons
Therefore, the depletion expense can be calculated as follows
Depletion expense= Actual number of tons that was extracted/Total number of tons to be extracted during the working period × (Original cost of the site-residual value)
= 6,500 tons/400,000 tons × ($1,750,000-$150,000)
= 0.01625 × $1,600,000
= $26,000
Hence the depletion expense is $26,000
A young couple has $300,000 that they have used to aggressively trade growth stocks. They place their account with a Registered Investment Adviser and direct the adviser to continue the strategy. After 2 years, the value of the account is down to $100,000 and the couple complains to the adviser about the investment performance. The investment adviser should:
Answer:
the investment advisor should do nothing
Explanation:
In the scenario that is being described, the investment advisor should do nothing. This is because the investment advisor did nothing wrong or illegal, he simply followed the instructions that were strictly provided by the clients, therefore acting in accordance with the customers' wishes. Meaning that he has nothing to fear from the client's being accept because they have no standing to take legal action against the advisor.
You are the manager who employs a participantive control approach. You have concluded that corrective action is necessary to improve customer satisfaction, but first you need to convince your employees that the problem exists. What kind of evidence do you think employees will find more compelling; quantitative measurements or anccdotes from your interactions with customers
Answer:
Quantitative measurements
Explanation:
A participative approach in management involves involving employees in decision making processes in the organization. This is a transparent approach that allows for effective communication between managers and employees.
In the above case, quantitative measurements will better convince employees because this would better provide an objective evidence to show that corrective actions work better in improving customer satisfaction. Anecdotes in comparison would merely be hearsay accounts and won't be taken seriously by employees
All the following statements concerning universal life insurance are correct EXCEPT: Group of answer choices Interest credited to the cash value is taxable to a policyowner in the year credited. The policyowner can add to a policy's cash value at any time subject to policy guidelines. Interest is credited to the policy's cash value each month. Withdrawals from a policy's cash value reduce the death benefit.
Answer:
Withdrawals from a policy's cash value reduce the death benefit.
Explanation:
Universal life insurance is a permanent life insurance plan that has flexible premium payments and premiums are also low.
Only a determined death benefit is paid to the policy holder's beneficiary.
As premium is paid to the account, it earns interest. The excess amount above the death benefit is called the cash value.
Policy holder is allowed to withdraw the cash value and the withdrawal is subject to taxation.
However these withdrawals do not affect the death benefit which is fixed. Policy holder cannot withdraw into the death benefit amount.
When the policy holder does the insurance company keeps the cash value (excess over dear benefit amount). While the beneficiary gets only the agreed death benefit.
So the statement - Withdrawals from a policy's cash value reduce the death benefit.
Is untrue.
The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Company. You observe that the shares of Pharma Company had an abnormal return of 0% yesterday. This suggests that
Answer:
the approval was already anticipated by the market
Explanation:
This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.
Bob operates Bob's Pizza, a small pizzeria that sells about 50 pizzas a day. Bob's daily total fixed costs are $100, and his daily total variable costs are $600. If for some reason Bob's fixed cost increased to $150, then his: Select one:
Available options are:
A. All of the choices are correct.
B. Average fixed costs would increase.
C. Marginal costs would increase.
D. Average variable costs would increase
Answer:
Option B. Average fixed costs would increase.
Explanation:
As the variable cost is the same which means that the marginal cost (All variable costs) would neither increase nor the average variable cost (Average variable cost due to fluctuating variable cost) would increase. Hence both Option C and D are incorrect.
Option B is correct because:
Average Fixed cost = (Initial Value + Value Now) / 2
Average Fixed cost = ($100 + $150) / 2 = $125
This means that the average cost has been increased.
Amazon has decided to enter the college bookstore market. The goal of "Amazon Campus" is to offer co-branded university-specific web sites that offer textbooks and paraphernalia, such as logo sweaters and baseball hats. This development shows Amazon's relentless pursuit of
Answer: product diversification
Explanation:
Product diversification is when the original market for a product is being expanded. Product diversification is used to boost a brand and also increase sales.
From the question, we are informed that Amazon has decided to enter the college bookstore market and that the goal of "Amazon Campus" is to offer co-branded university-specific web sites that offer textbooks and paraphernalia, such as logo sweaters and baseball hats. This development shows Amazon's relentless pursuit of product diversification.
You have an option on an ARM that has a two-year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. The current initial rate is 5.35%. You can also get a 30-year, fixed-rate mortgage for 6.65%. You plan on staying in this home for at least 10 years. What would be your best choice?
Answer:
What would be my best choice is to choose the fixed-rate loan reason been that FIXED-RATE LOAN interest rate remain constant, meaning it does not varies during the period of the loan and the risks involved is lesser.
Explanation:
Based on the information given what would be my best choice is to choose the fixed-rate loan
reason been that FIXED-RATE LOAN interest rate remain constant, meaning it does not varies during the period of the loan and the risks involved is lesser.
Secondly I would choose the FIXED-RATE LOAN because it will enable me to properly predict what my future payments might likely be.
Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?
Complete question :
Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $396,000 of indirect costs. The bankwide rate couldbe based on either direct labor hours (DLH) or the number of loans processed. The departmental rates would be based on direct labor hours for ConsumerLoans and a dual rate based on direct labor hours and the number of loans processed for Commercial Loans. The following information was gathered for the upcoming period.
Dept - - - - - - - DLH - - loan processed - - - d/cost
Consumer - 14000 - - - 700 - - - - - - - - 280,000
Commercial - 8000 - - 300 - - - - - - - 180,000
Banc Corp. Trust estimates that it costs $500 to analyze and close a commercial loan. This amount has been included in the $396,000 of overhead costs. How much of the remaining overhead costs should be allocated to the Consumer Department?
Answer:
$172,200
Explanation:
Number of commercial loans processed = 300
Cost of processing a commercial loan = $500
Overhead cost = $396,000
Total cost = 300 * $500 = $150,000
Overhead left = $(396,000 - 150,000) = $246,000
Overhead sharing between commercial and consumer department :
Total loans = (300 + 700) = 1000
Number of consumer department loan = 700
Consumer department overhead :
(246,000 / 1000) * 700
246 * 700 = $172,200
Advertising could be referred to as _____________________. making the existence of a commodity known to the public and encouraging them to buy getting the government informed about the procedures in courts none of the options making the closure of manufacturing concern
Answer:
Making the existence of a commodity known to the public and encouraging them to buy.
Explanation:
Suppose the market for a good is composed of 1,000 identical consumers. The market's demand curve is given by QM = 150,000 – 25P. What is the equation for an individual consumer's demand curve?
Answer:
Q = 150 - 0.025.
Explanation:
Given that
Number of identical consumers = 1,000
Market demand curve is given by
QM = 150,000 - 25P
Based on the above information.
The equation for an individual demand curve is shown below:
As we know that the market demand is the total of an individual demand. So, the 1,000 identical demand function would be there and also we have to divide the market demand curve by $1,000 to find out the individual demand curve
So,
Q = 150 - 0.025 as (150,000 – 25P) ÷ 1000
Q = 150 - 0.025.
Comparative advantage is Question 13 options: the ability to produce all goods at lower costs than anyone else can. the ability to produce a good at a lower opportunity cost than other producers. the ability to produce more output from given inputs than another producer can. the ability to produce more output of all goods than any
Answer: the ability to produce a good at a lower opportunity cost than other producers
Explanation: In other to clearly understand or grasp the definition or meaning of comparative advantage, the term opportunity cost should be understood. Opportunity cost simply means the benefit which one forfeits or losses when one chooses a certain option over the other. Comparative advantage is possessed by a certain seller or economy who is capable of selling his goods at a lower opportunity cost than its competitors. Thus, the comparative advantages weighs the size or amount of benefit forfeited or lost by sellers as a result of selling at a lower price. Thus the lower the opportunity cost, the better the comparative advantage.
The change brought about by online competition from Amazon and Wal Mart are examples of ______? This is a fill in the blank question
Answer:
The answer is "changing customer preferences"
Explanation:
The consumer desires were perceptions, preferences, disagreements, and intentions which influence customer for consuming the choices by explaining their consumer's conduct, their support, and their needs. for example, The client needs a certain theme, brand, and color,
It's really difficult for a person to create marketing strategies without changing customers ’ preferences. In the corporation, it will maintain its customer base congrats to a comprehensive understanding of the various demand of consumers.Amazon and Wal mart represent a large segment of the E-commerce industries that have large retail and whole scale chains. These companies operate 24/7 and have a customer base.
The change in the buying behavior of the clients and customers is due to the changing customer preferences in the market. These companies are the ones that drive online sales and marketing. The differences in price, brand value and tastes and preferences of people.Thus the changing nature of people preferences in the market.
Learn more bout the brought about by online competition from Amazon and Wal Mart.
brainly.com/question/23124943.
Janis owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation.(a) This is an example of the:i. menu costsii. unit of account costsiii. shoe leather costs of inflation.(b) Explain briefly the nature of the costs imposed.
Answer:
shoe leather costs
Explanation:
The shoe-leather cost is the cost that deals in time and effort which people spent against the inflation effect i.e reduction in inflation like less cash held so that it would make extra trips to the bank
Also if the inflation of the economy rises so the consumer spending would be less as it directly affects the purchasing power of the customer
So the time and cost effort spent is known as shoe leather cost
A properly licensed agent in Illinois, Missouri, and Iowa has a client who moves from Illinois to Michigan on July 1, 2014. On September 1 of that year, the agent sells him 100 shares of a nonexempt security in a nonexempt transaction. On October 1, 2015, the client discovers that the agent's firm never licensed him in Michigan and that the agent is subject to civil liability to the purchaser. The statute of limitations for this sale runs out on
Answer: September 1, 2017
Explanation: The statute of limitation could be explained as a window period within which a civil violation or case may be filed by a plaintiff. Once this window period expires, the defendant may raise a claim against such case with respect that statute of limitation has been violated. In the scenario described above, the offense could be regarded as a professional malpractice with a statute of limitation of two years after the discovery of the incident which in this case is October 1, 2015, hence the statute of limitation of the sale will run out 2 years after October 1, 2015 which is September 1, 2017.
Eight years ago you purchased an asset for $100,000 that has yielded a nominal capital gain of $30,000. If you sold the asset today, your inflation-adjusted capital gains would be zero due to inflation over the last eight years. The capital gains tax is 28 percent. If you sold the asset today your tax liability would be
Answer: $8,400
Explanation:
Tax liability for a year is computed on the nominal capital gain as of that year not the inflation-adjusted gain. As such, should the asset be sold today, the capital gains tax of 28% will be computed on the capital gain of $30,000 in the following manner;
= 28% * 30,000
= $8,400
The assets, liabilities, and equity account of a business, which are interrelated and interact with each other, represent:______A. the benchmark of the businessB. the surplus value of the businessC. the financial structure of the businessD. the profit realization rate of the business
Answer: C. the financial structure of the business
Explanation:
The financial structure of the business is made up of the assets, liabilities, and the equity account of a business, which are interrelated and interact with each other.
The assets are a company's property while liabilities has to do with what the company owes and equity is gotten when liabilities is deducted from the asset.
The manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance. He examined factors such as the lighting, temperature, and the volume of the music playing in the bank. Which approach to problem recognition is this manager using
Answer: Human factor research
Explanation:
From the question, we are informed that a manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating different aspects of the environment in the bank to see what effect each has on the tellers' performance.
We are further told that he examined factors such as the lighting, temperature, and the volume of the music playing in the bank.
He's using the human factor research approach. Here, the capabilities of human beings are determined through strength, vision, flexibility etc.
At December 31, 2017, Larkspur Corporation had an estimated warranty liability of $124,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until paid.) The effective tax rate is 30%. Compute the amount Larkspur should report as a deferred tax asset at December 31, 2017. Deferred tax asset at December 31, 2017
Answer:
$37,200
Explanation:
The amount of deferred tax on 31 December 2017 for Larkspur can be calculated by multiplying the estimated warranty liability for accounting purposes with an effective tax rate.
DATA
Estimated warranty = $124,000
Effective tax rate = 30%
Deferred tax liability =?
Solution
Deferred tax liability = Estimated warranty x Effective tax rate
Deferred tax liability = $124,000 x 30%
Deferred tax liability = $37,200
Albany Motors recently completed a 3-for-1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150 per share. After the split, the total market value of the company's stock equaled $1.5 billion. What was the price of the company's stock following the stock split
Answer:
$50
Explanation:
The computation of the price of the company's stock following the stock split is shown below:-
Number of shares = 3 × 10 million
= 30 million
Price of the company's stock
= Total market value ÷ Number of shares outstanding
= 1.5 × 10^9 ÷ 30 × 10^6
= 1.5 × 10^2 ÷ 3
= 150 ÷ 3
= $50
We simply applied the above formulas so that the price of the company stock after stock split could come
Which of the following best describes the valuation principle? A. The rate at which we can exchange money today for money in the future by borrowing or investing is the current market interest rate and is same across all banks. B. It is not possible to compare costs and benefits that occur at different points in time, in different currencies, or with different risks. C. The value of a commodity or an asset to a firm or its investors is determined by its competitive market price. When the value of the benefits exceeds the value of the costs in terms of market prices, the decision will increase the market value of the firm. D. If equivalent goods or securities trade simultaneously in different markets across the world, they will trade for the same price.
Answer:
C. The value of a commodity or an asset to a firm or its investors is determined by its competitive market price. When the value of the benefits exceeds the value of the costs in terms of market prices, the decision will increase the market value of the firm.
Explanation:
Valuation principle is the process by which fair value of an asset is evaluated. It is determined by comparing its competitive market price against its benefits.
As the benefits of an asset exceeds its cost of purchase it increases in value.
Various methods are used to value an asset based on present value and projected value.
For example an analyst can consider the future purchasing power of a stock and use this as a basis for valuation rating
In a Cournot market with two firms, the inverse market demand curve is P = 20 – 0.5Q, where Q = q1 + q2. (Firm 1's output = q1; Firm 2's output = q2.) If Firm 2 produces 20 units of output, Firm 1's residual marginal revenue curve is depicted in:
Answer:
MR = 10 – 1q1.
Explanation:
Demand function, P = 20 – 0.5Q
Q = q1 + q2
Now insert Q in the P = 20 – 0.5Q.
P = 20 – 0.5 (q1 + q2)
We have the value of q2 = 20.
P = 20 – 0.5 (q1 + q2)
P = 20 – 0.5 (q1 + 20)
P = 20 – 0.5q1 – 10
P = 10 – 0.5q1
Total revenue of firm 1, TR = Pq1
TR = 10q1 – (0.5q1)^2
Now MR is the differentiation of TR. So the MR after differentiation if TR of firm 1 is:
MR = 10 – 1q1
stock market is a market for.?
Answer:
Explanation:
Stock market is a market for stocks ( shares ) for the buyers and sellers.
Hope this helps
plz mark as brainliest!!!!!!!
Answer:
Stocks
Explanation:
Buyers would buy a share from the stock market hoping to sell the share later at a higher price therefore making a profit. This is what you would call systematic gambling, you know the risks and possible rewards. However sometimes the stock market can go down resulting in the buyer making a loss since the selling price of the share is less than the one the buyer bought.
An auditor's report includes the following statement: "The financial statements referred to above do not present fairly the financial position, results of operations, or cash flows in conformity with U.S. generally accepted accounting principles." This auditor's report was most likely issued in connection with financial statements that are
Answer:
The answer is misleading or not free from material misstatement
Explanation:
When a financial statement is misleading or not free from material misstatement, an auditor issued a qualified report. This qualified report tells the users of the financial statement that something is wrong.
Material misstatement refers to an error in the financial statement that if omitted, it will affect the decision of the users.
If a financial statement is free from error or material misstatement, an auditor will issue unqualified report.
Erin works for a dry-cleaning company that has a contract with the U.S. government. To save on cleaning fluid, her boss orders her to wash some clothes that are supposed to be dry-cleaned in a washing machine. When the courier hired to pick up the cleaned garments arrives, Erin tells him about her boss's actions. Erin tells no one else about what is going on and is later fired. Erin
Answer: Failed to informed the proper party
Explanation:
When negligence of the right deeds to be done in an organization is osetved by an individual working their, it is right report the situation that occurred to the right authority so that the right action would be taken which will not endanger the reporting individual or harm his employment in the organization. Erin's situation will be taken with kids glove due to she failed to report the situation to the appropriate party for investigations to be carried out.
Anderson sold a property to Kelly. The contract contained the following statement: "Buyer to accept the property in an 'as is' condition." Both the seller and the broker knew that the plumbing was in a major state of disrepair, but did not tell Kelly. Would an action against the broker and the seller be successful?
Answer:
The action against the seller by Kelly would not be successful. This is because, the contract agreement drafted by the seller contains that clause "as in" condition. It would be believed that, Kelly saw the condition in the contract, but still went ahead to purchase the house by signing the seller's contract agreement of sell. Whatever state the house is in would be taken by Kelly.
Explanation:
Organizations covered by the federal hipaa privacy law are expected to:
Answer: Organizations under the federal HIPAA privacy law are expected to do all of these things: provide cover for identifiable personal information about the "past, present or future physical or mental health conditions of patients.
Explanation: Privacy protections come from both federal and state law, and the HIPPA privacy law contains rules about who can access health information, and under what circumstances these information can be given. The law thus governs health care providers, health plans, and health information clearinghouses, their business associates, and the workers for those organizations. Organizations under the HIPAA privacy law must cover identifiable personal information about the "past, present or future physical or mental health condition of patients in any form or medium, as long as it is identified (or identifiable) as a particular patient's information and data.
In one state, a mortgagee holds legal title to real property offered as collateral for a loan, and the mortgagor retains the rights of possession and use. If the borrower defaults, the lender is entitled to immediate possession and rents. This state can be BEST characterized as what kind of state
Answer:
Lein Theory.
Explanation:
Lien theory refers to the theory in which the buyer stops the property deed at the time of the mortgage. Also the buyer promised to pay all the payments so that the mortgage could become a lien on a property but at the same time the title would remain with the buyer but if all the payments are paid so the lien could be removed
Therefore in the given situation, it represents the lien theory
At the Blue Restaurants Corporation, an employee survey reports that efforts to increase worker satisfaction by redesigning jobs led to greater job satisfaction. The human resource department also measured lower rates of absenteeism and employee turnover. What will be the most likely impact of these trends on the profits of Blue Restaurants
Answer:
lower costs, leading to higher profits
Explanation:
Improving job satisfaction in the workplace results in better productivity. This is because employees get to enjoy what they do rather than feeling forced to work.
When the workplace is conducive it will result in lower rates of absenteeism and employee turnover.
These in turn lead to lower costs and higher profit.
Staff turnover is costly on the business as new hires have to be trained on the job to be effective.
Adam published his personal opinion about the current condition of politics stating,"Though the government is unable to fulfill the demands of the public,they demand votes;they really are beggars on streets." Can politicians sue him for defamation under tort?
A) No,because as a general rule the material in a newspaper is totally exempted.
B) Yes,because defamation in a newspaper is always a tort.
C) Yes,because Adam wrote even though he did not have authority.
D) No,because statements of pure opinion do not amount to defamation.
Answer:
The correct answer is the option D: No, because statements of pure opinion do not amount to defamation.
Explanation:
To begin with, the fact that Adam have published his personal opinion about a certain topic does not directly indicates that his opinion, in the case of being a hard critic of something, is to be considered a defamation due to the fact that those kind of statements are protected by law in the United States according to the First Amendment to the United States so therefore that his pure opinion is under the freedom of speech regime. That is why that politicians would not be able to sue him for defamation under tort.
1.
True or False: How quickly other drugs reach the bloodstream varies depending upon how the drug is put into the system and the type of drug, the age of the user, and the weight of the user.
True
False
Answer:
true is the answer i think
