Answer:
$6.25 per ton of coal
Explanation:
the depletion base = purchase cost + restoration costs
- purchase cost = $20 million
- restoration costs = $6 million
depletion base = $26,000,000
depletion rate per ton of coal = (depletion base - salvage value) / estimated reserves = ($26,000,000 - $1,000,000) / 4,000,000 = $6.25 per ton of coal
The depletion rate follows the same concepts as depreciation of fixed assets, but instead of using a fixed asset, you are extracting materials and decreasing the value of the deposits.
Answer: 2,200 units.
Explanation:
The complete exercise is:
A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?
Given the following equation:
You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.
Based on the information given in the exercise, you can identify that, in this case:
Then, knowing those values, you need to substitute them into the given equation:
And finally, you must solve for "c" in order to calculate the number of units that were shipped to the closer location.
You get that this is:
Answer:
we will sell bond and invest for better investments
Explanation:
we know here that Yield on Treasury Bond of Grandfather = 2.25%
so we believe interest rate will be continue for rise
Bond are valued = $950
so we the Bond and invest the proceed for better interest rate
and
we know Grandfather bond price will be decrease if rate increase as that we predict
because we know Bonds prices and the interest rate is inversely proportional to the each other
so as that if interest rate increases Bonds prices will be decrease
and the Vice Versa
so that we will sell bond and invest for better investments
because here if once the interest rate increase then he will selling point regarding for Bond and price will be fall
Answer:
$50
Explanation:
Given,
Current Net income = $2,000,000
No. of common shares today = 500,000
Current market price per share = $40
Anticipated Net income in 1 year = $ 3,250,000
Anticipated No. of common shares in 1 year = 500,000 +150000 =650,000
From this data, then
The current Earnings Per Share(EPS) = 
Current Price/Earning ratio = 
Anticipated EPS in 1 year=
If the company's P/E ratio remain as that of the current at 10, then
The anticipated price of stock in 1 year = Anticipated EPS * P/E ratio in 1 year
= $5 *10 = $50
Answer:
Hie, the question you have provided is missing information relating to <em>Accumulated depreciation</em> or <em>book value of the furniture</em> as well as <em>profit</em> or <em>loss</em> on sale of furniture.
However, important principles are explained below :
The Furniture Disposal T - Account is used to calculate the cash received from the sale of furniture.
The Format of the Account is as follows :
Debits :
Record the Costs of the Furniture Sold. In this cases Cost is $75,900
Record the Profit on Sale of Furniture (if there was profit). The information is incomplete in this case.
Credits :
Record the Accumulated Depreciation on the Furniture. This figure is missing.
Record the Loss on Sale of Furniture (if there was a loss). The information is incomplete in this case.
The Balancing figure would be the Cash Received on sale of Furniture and to be recorded here.
Conclusion :
The Cash Received on Sale of Furniture is a Balancing figure of the Furniture Disposal T - Account.
