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:
D. ensure that she credits the loan amount accurately to the customer’s account
Explanation:
Erin needs to address this legal responsibility, and "arranging an informal meeting with the customer" is not a legal responsibility. Similarly, C is not a legal responsibility, and in fact, it is a crime. And E is not a legal responsibility. These details are not being given at the time of sanctioning the loan. However, D is certainly a legal responsibility as Erin needs to ensure that she credits the loan amount accurately to the customer's account.
Do you have anything that’s unique? Have you operated in
Customer Service before? That means you have x years of Customer Service
experience. That is the experience that they would look at to hire you over another
person who can’t put anything in there. Have you operated in food service
before? Then you have x years of experience in that, too.
Answer: the operating capital is $40.00
Explanation:
operating capital is also known as working capital. it is the value of running a business on daily basis. it is also the value of short term resources available for use in daily activities. it is current assets minus current liabilities of a business.
current assets = cash + inventory + account receivable + short term investment = 20+50+20+60= 150
current liabilities = accruals + account payable + notes payable=50+30+30=110
operating capital = 150 - 110 = 40
