Business, 23.11.2019 00:31 heyyyyy39

On january 15, 2019, vern purchased the rights to a mineral interest for $3,500,000. at that time, it was estimated that the recoverable units would be 500,000. during the year, 40,000 units were mined and 25,000 units were sold for $800,000. vern incurred expenses during 2019 of $500,000. the percentage depletion rate is 22%. determine vern's depletion deduction for 2019.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 11:00

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

Answers: 3

Answer

Business, 22.06.2019 17:20

Arecession is defined as a period in which

Answers: 1

Answer

Business, 22.06.2019 19:00

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.

Answers: 2

Answer

Business, 22.06.2019 20:20

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

Answer

You know the right answer?

On january 15, 2019, vern purchased the rights to a mineral interest for $3,500,000. at that time, i...

Questions