subject
Business, 09.07.2019 21:00 armonilucky11

Santa fe purchased the rights to extract turquoise on a tract of land over a five-year period. santa fe paid $300,000 for extraction rights. a geologist estimates that santa fe will recover 5,000 pounds of turquoise. during the current year, santa fe extracted 1,500 pounds of turquoise, which it sold for $200,000. what is santa fe's cost depletion expense for the current year?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:40
Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?
Answers: 3
question
Business, 22.06.2019 05:20
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
question
Business, 22.06.2019 18:00
Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
Answers: 2
question
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
You know the right answer?
Santa fe purchased the rights to extract turquoise on a tract of land over a five-year period. santa...
Questions
question
Social Studies, 30.09.2020 07:01
question
Mathematics, 30.09.2020 07:01
question
Advanced Placement (AP), 30.09.2020 07:01
question
History, 30.09.2020 07:01
Questions on the website: 13722362