Depletion rate = 60 mil / 6 mil = $10 per ton, b. depletion expense= 10 * 2,300,000 = 23 mil, c. adjusting entry (debit: depletion expense; credit: accumulated depreciation).
How does depreciation work?Depreciation is the continuous, ongoing, and gradual reduction of the book value of fixed assets. This kind of shrinkage is determined by the cost of the assets that a company uses, not by the market worth of those assets.
In accounting, what does depreciation mean?Depreciation is a non-cash business expense that is estimated over the time that a valuable asset is utilized by your company. Every business can benefit from depreciation by excluding the cost of consuming a portion of an asset's worth from taxable income.
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_____ ratios reflect the speed with which resources are converted to cash or sales.
a) liquidity
b) leverage
c) profitability
d) equity
e) activity
Activity ratios reflect the speed with which resources are converted to cash or sales.
Option E is correct answer .
Activity ratios :
Activity ratios measure how well a firm uses its assets. They reflect the speed with which resources are converted to cash or sales. A frequently used activity ratio is inventory turnover. The inventory turnover ratio measures the speed with which inventory moves through the firm and is became sales.
What is a high activity ratio?
A high ratio indicates that a corporation is using its total assets very efficiently or that it does not own many assets, to start with. a coffee ratio indicates that too much capital is tied up in assets and that assets are not being used efficiently in generating revenue.
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When a person’s outcome to input ratio is equal to a referent others, there is a state of equity. T/F
Equity exists when a person's output-to-input ratio is equal to that of a referent group of people. This statement is true.
Equity theory, developed by social psychologist J. Stacy Adams, suggests that individuals strive for fairness and equality in their social exchanges. According to this theory, people compare their own outcomes (such as rewards or benefits) and inputs (such as effort or contributions) with those of others whom they perceive as similar referents.
When an individual perceives their outcome-to-input ratio to be equal to that of their referent others, a state of equity is believed to exist. This means that the individual perceives their rewards and contributions to be fair and equitable in comparison to others in similar positions or roles. Equity is often associated with feelings of satisfaction and contentment, as individuals feel that they are being treated fairly and receiving what they deserve.
If the outcome-to-input ratio is imbalanced and unequal, individuals may experience a sense of inequity, which can lead to various psychological responses, such as feelings of injustice, resentment, or a desire to restore balance.
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Write short notes on-:
a)Micro enterprises
b)cottage industry
Answer:
cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility
Explanation:
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
PLEASE HELP WILL MARK AS BRAINLIEST ITS URGENT
WILL GIVE BRAINLIEST, TRUE OR FALSE QUESTION
A cover letter is a summary of your skills, education, and work experience.
True
False
Answer:
false
Explanation:
hope this helps
standards of excellence in corporate community involvement include all of the following except a. issues management. b. leadership. c. efficiency. d. relationship building.
Standards of excellence in corporate community involvement include all of the following except efficiency.
What is not standards of excellence in corporate community involvement
Efficiency is an important aspect of corporate community involvement, but it is not typically considered a standard of excellence in this context. The other options listed are all commonly recognized as key standards for effective corporate community involvement:
a. Issues management: This involves identifying and addressing the key social and environmental issues that are relevant to a company and its stakeholders. Effective issues management is essential for ensuring that a company's community involvement efforts are aligned with its values and goals.
b. Leadership: Corporate community involvement requires strong leadership at all levels of the organization, from the CEO to front-line employees. Leaders must be committed to community involvement and must provide the resources and support needed to make it a success.
c. Relationship building: Building strong relationships with community stakeholders, including customers, employees, suppliers, and local residents, is critical for effective community involvement. Companies must be able to listen to the needs and concerns of these stakeholders and work collaboratively with them to address important issues.
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What if the Fed were to unexpectedly increase the money supply?
If the Fed unexpectedly increases the money supply, there would be an inflationary impact on the economy.
When there is a higher amount of money circulating in the economy, consumers will experience increased purchasing power, which in turn leads to higher prices of goods and services.
Inflation is the outcome of an increase in the money supply that occurs when there is an oversupply of money chasing too few goods. It can lead to a decline in the purchasing power of money, making it difficult for consumers to maintain their standard of living.
As a result, it can have a negative impact on the economy by reducing real output and income as well as creating uncertainty in the market.Banks may also decrease their lending rates because of the increased money supply, causing more loans to be given out
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next, state the topic you selected, why you selected it, and how you narrowed the topic to a specific issue after conducting research
Hey guys, there were too many words to fit in here but I provided a link to the answers :).
Hello!!
I recently completed this activity and was asking the same question!
I got help from the another brainly user ( rcurrin2005 )that answered this question (thank you so much, btw!!) and created a PDF with his answers and I thought I would too!
Now remember, do not plagiarise! I hope it helps! Have a great day and good luck!
Although channels of distribution allow consumers and industrial users access to products from all over the world, they do not guarantee that consumers will be able to purchase anything they want. Tiny time they want. Certain products may only be available in limited supplies. Because of supply and demand, channel members may be able to charge higher prices for coveted products. This may be fine for a designer handbag, but what if the product is more basic, like fresh water or medical supplies? Or, let's say there is a hurricane or tornado in a certain part of the country, and many people need to repair their homes and roofs. Is it OK for channel members to mark up hardware products during this time to make a bigger profit?
Answer:
We can more easily obtain products from all over the world. Channels of distribution allow consumers, industrial users, producers, and other channel intermediaries to save time and money. They also allow us to more easily obtain products from all over the world, since we do not have to travel and search for each individual item we wish to purchase.
what are the components of micro environment
Explanation:
the factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.
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what important technology has done the most
I want to become doctor and I'm from nepal..which may be the best country for me to study
Answer:
the best would always be the USA in doctoring.
it has the best colleges etc.
Explanation:
Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office. a. Elementary school teacher b. Administrative support worker c. Instructional designer d. High school principal
Answer:
a. Elementary school teacher
Explanation:
An elementary school teacher refers to an individual who is an educational professional and is typically saddled with the responsibility of developing and implementing lesson plans for students in the classroom.
Basically, an elementary school teacher educate students on vital subjects such as mathematics, english language, verbal studies, quantitative reasoning etc. which forms the foundation of a student's future career, observe, analyze and evaluate the performance of each pupil, coordinate all classroom activities, enforce school and classroom rules etc. All of the aforementioned responsibilities are executed or achieved by walking around the classroom to effectively and efficiently monitor and evaluate the pupils.
In this scenario, Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of work time walking around rather than sitting in an office.
Hence, the education career which would be the best option for Allesandra, is to work as an Elementary school teacher.
Answer:
a
Explanation:
my school teacher
a decrease in the value of a nation’s currency in a flexible exchange rate system is called
A decrease in the value of a nation’s currency in a flexible exchange rate system is called Currency depreciation.
What is Currency depreciation?Currency depreciation tend to occur when the value or worth of a nation currency reduce or decline.
The value of a nation currency can tend to depreciate as a result of market forces as market forces can cause the value of a nation currency to fall.
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What is a similarity between a cover letter and an introduction statement?
Although they have a similar pattern, a cover letter and an introduction letter serve completely distinct purposes. A letter of introduction informs a potential employer about your qualifications and expresses your desire to be considered for a position.
Is there a word completely?
While a cover letter and an introduction letter both follow a similar pattern, they serve quite distinct purposes. An introduction letter informs a potential employer of your qualifications and expresses your desire to be thought about for any open opportunities. Fully means entirely, thoroughly indicates that "every element of it is done," utterly means entirely, and absolutely also means completely, according to the Macmillan Dictionary. These expressions all refer to moving closer to a state or a goal while still falling short of achieving it. The most frequent and widely applicable word for this is almost.
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A government has started a public works program. The program uses tax
money to hire workers to repair roads, build dams, and install power lines.
The government has also reduced the taxes businesses pay for each worker
they employ.
Which macroeconomic goal is this government trying to achieve?
O A. Decreasing per capita GDP
O B. Reducing unemployment
O C. Reducing inflation
O D. Increasing GDP
Answer:
B. Reducing unemployment
Explanation:
The government, in this case, is using expansionary fiscal policies to create employment. Hiring people to build dams, repair roads, and install power lines leads to an increase in the government's spending in the economy. Consequently, a higher number of people will be working and earning. Increased earnings cause the aggregate demand to rise.
A reduction in business taxes reduces production costs. Businesses will be able to increase production, expand, and hire more workers when the cost of doing business is low.
unless it is modified, what does the percentage of sales approach assume about fixed asset capacity usage?
The preliminary assumption is that the corporation is working at complete capacity. This manner that any boom in income will boom constant property.
The required details for fixed asset in given paragraph
The time period constant asset refers to a long-time period tangible piece of belongings or device that a corporation owns and makes use of in its operations to generate income. The well known assumption approximately constant property is that they may be anticipated to last, be consumed, or be transformed into cash after as a minimum one year. As such, organizations are capable of depreciate the price of those property to account for herbal put on and tear. Fixed property maximum normally seem at the stability sheet as belongings, plant, and device (PP&E).
A company's stability sheet assertion consists of its property, liabilities, and shareholder equity. Assets are divided into modern-day property and noncurrent property, the distinction of which lies of their beneficial lives.
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What is the difference between a bank and a retail bank?
The main difference between a bank and a retail bank is the type of customer they serve.
A bank is a financial institution that offers a variety of services, such as loan and deposit products, investment services, and financial advice. A retail bank is a type of bank that specializes in consumer banking, typically offering services such as savings and checking accounts, loan and credit products, debit cards, and other consumer-focused products and services.
A bank typically serves both retail and commercial customers, whereas a retail bank focuses exclusively on consumer banking. This means that retail banks tend to offer products and services that are tailored to meet the needs of individual consumers.
Additionally, retail banks are typically smaller in size than banks and have fewer branches, making them more accessible to consumers. They also tend to have shorter wait times and more personalized customer service, which can be beneficial for those who need more time and attention when it comes to their banking needs.
Overall, a bank and a retail bank both provide financial services, but they serve different customer types and offer different products and services. Banks focus on commercial customers, while retail banks focus on consumer banking.
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What is the correct definition of capacity for potential cosigners?
The cosigner's credit history
The cosigner's financial assets, such as a house or car
The cosigner's past record of paying on time
The cosigner's current financial situation
The correct definition of capacity for potential cosigners refers to the cosigner's ability to repay the debt if the primary borrower defaults.
This includes the cosigner's current financial situation, such as income, employment stability, and debt-to-income ratio, as well as their overall financial obligations and commitments.
Capacity is one of the key factors lenders consider when evaluating the creditworthiness of potential cosigners. By assessing the cosigner's capacity, lenders can determine whether the cosigner has the financial means to assume responsibility for the loan and whether they are likely to make timely payments in case the primary borrower is unable to do so.
While the cosigner's credit history and past record of paying on time are also important factors in the lending decision, they are not the same as capacity. A cosigner with a good credit history may still lack the capacity to take on additional debt if they have limited income or high levels of existing debt.
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The supply and demand equations for a clothing product in a particular week are given by
p=0.7q+6 Supply Equation
p=-1.7q+18 Demand Equation
where p is the price in dollars and q is the quantity in hundreds
Find the equilibrium price and quantity.
Note:
The format of your answer for the price must be written as an integer with two decimals. Examples of this format is $8.35 or $4.00.
The format for the quantity must be written in only integer (in 100), for example 200 (not 2).
At the equilibrium point, the price for the clothing product settles at $9.50, while the corresponding quantity reaches 500 (in hundreds).
To find the equilibrium price and quantity, we need to set the supply equation equal to the demand equation and solve for the values of p and q.
0.7q + 6 = -1.7q + 18
Combining like terms, we have:
2.4q = 12
Dividing both sides by 2.4, we get:
q = 5
Substituting the value of q back into either the supply or demand equation, we can find the equilibrium price:
p = 0.7(5) + 6
p = 3.5 + 6
p = 9.5
Therefore, the equilibrium price is $9.50 and the equilibrium quantity is 500 (in hundreds).
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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what does a high employment rate include?
Telecommuting can be BEST described as
A. using telephones to market products
B. travelling between home and the traditional office
C. establishing a communication link between companies
D. working from a remote location outside of a traditional office
Answer:
using telephones to market products.
Thomas and emily are discussing the affect of ai on future employment. Emily correctly points out that _____.
Thomas and Emily are debating the impact of artificial intelligence on future jobs. Emily accurately points out that the introduction of new technology has always resulted in more employment creation than job loss.
What effect does the introduction of new technologies have?New digital technologies are increasingly permeating the economy. As a result of this digitization, machines are increasingly capable of performing tasks that were previously only performed by humans.
Manufacturing processes and organizations are evolving, and services, new products, and business models are emerging. The introduction of new technologies has consistently resulted in more job creation than job loss.
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refer to p&t inc. during which step of the personal selling process should a p&t salesperson ask the prospect to buy the product?
A P&T salesperson should ask the prospect to buy the product during the closing step of the personal selling process.
The personal selling process typically consists of several steps, including prospecting, pre-approach, approach, presentation, handling objections, closing, and follow-up. The closing step is the appropriate stage for a salesperson to ask the prospect to make a purchase decision.
During the closing step, the salesperson seeks to obtain a commitment from the prospect by directly asking for the sale. This is the culmination of the sales presentation and objection-handling process, where the salesperson has built rapport, addressed the prospect's needs, and provided relevant information about the product or service.
In the closing step, the salesperson may utilize various techniques to encourage the prospect to make a buying decision. This can involve presenting compelling benefits or offers, summarizing key points, or addressing any remaining concerns or objections the prospect may have.
However, it's important to note that the closing step should be approached tactfully and with an understanding of the prospect's buying readiness. Salespeople should be attentive to the prospect's cues, objections, and level of interest to ensure that the timing of the closing request is appropriate.
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what objects are necessary for the formation of shadows ?
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
is he drinking coke or pepsi ?
Which of the following is an example of a fixed asset?
A. Money in the bank
B. Accounts payable
C. Gross profit
D. Real estate
Answer:
D. Real estate
Explanation:
Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.
Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.
characteristics of co operative business
According to the Commission, cooperatives have several defining characteristics: 1) they are open and voluntary associations; 2) they have a democratic structure, with each member having one vote; and 3) they have an equitable and fair distribution of economic results based on the volume of operations made through them ...
A cooperative is a group of people that work together to run a jointly owned and democratically run firm to achieve their shared economic, social, and/or cultural goals and objectives.
Characteristics of co-operative business :
1. Open membership- A cooperative organization's membership is open to everyone and is entirely voluntary, regardless of race, color, creed, caste, or sex.
2. Democratic control- Democracy in action is cooperation. A committee chosen by the membership at the annual general meeting often oversees the operations of cooperative societies.
3. Service motive- A co-operative society is established with the primary goal of offering its members and the society a valuable service, whether it be credit, consumption items, or input resources.
4. Voluntary membership- A person has the right to join a society whenever they choose, stay in it for as long as they please, and leave it at any time as long as they share a similar interest and are willing to adhere by its laws.
5. Liability of members- Similar to how corporations are set up, cooperative societies can be set up with either restricted or unlimited liability.
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