Business, 03.12.2021 17:10 2021andrewkell
Lucky Strike Mine purchased a silver deposit for $1.5 million. It estimated it would extract 500,000 ounces of silver from the deposit. In the current year, Lucky Strike extracted and sold 70,000 ounces of silver. It also reported $1.8 million of gross receipts from the sale of silver and net income of $520,000. The percentage depletion rate for silver is 15%. What is Lucky Strike's depletion deduction for the year
Answers: 1
Business, 21.06.2019 13:30
Yard tools manufactures lawnmowers, weed-trimmers, and chainsaws. its sales mix and unit contribution margin are as follows. sales mix unit contribution margin lawnmowers 20 % $30 weed-trimmers 50 % $20 chainsaws 30 % $40 yard tools has fixed costs of $4,200,000. compute the number of units of each product that yard tools must sell in order to break even under this product mix.
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Business, 21.06.2019 15:20
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?
Answers: 1
Business, 22.06.2019 01:00
Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands
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Business, 22.06.2019 10:40
Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?
Answers: 1
Lucky Strike Mine purchased a silver deposit for $1.5 million. It estimated it would extract 500,000...
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