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Determine the depletion charges using the percentage depletion method for the first year only for a coal mine. The applicable rate for the percentage depletion method is 12%. Cost to acquire mine rights = $50,000
Estimated mine size = 10,000 Tons
Selling price = $80 per Ton
Amount sold in year 1 = 2,000 Tons
Operating cost in year 1 = $100,000.
Based on heckscher online theorem. As a labor abundant country exports the labor intensive good X and imports the capital intensive good y from a capital abundant country.
The following is a quote from a news article: "If a company makes product donations to the school- computers for instance - then the image of a. company goes up as graduate students use the company's products." Does such action consistent with a comp..
While tariffs and quotas have declined drastically under GATT and the WTO, nontariff barriers have been on the rise. Why would countries use nontariff barriers to distort natural trade patterns? Are there situations when the use of nontariff barriers..
You decide to open a retirement account at your local bank that pays 7%/year/month (7% per year compounded monthly). For the next 20 years, you will deposit $500 per month into the account, with all deposits and withdrawals occurring at month’s end.
A bank has $100 million in excess reserves that it wishes to lend. Through the lend-spend-deposit cycle, by how much could the money supply theoretically expand?
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -.08 as previously thought.
Suppose a politician promises a program that will give Amanda and Britney 70 units of utility for each.
Employment and unemployment are big issues in America. Every week, the news outlets report the number of new unemployment claims made at unemployment offices around the country. We typically have 150 million people as part of the workforce.
q1. bon temps has an issue of preferred stock outstanding that pays stock holders a dividend equal to 10 each year. if
Elucidate how important is a rapidly expanding domestic market in Alibaba.com's strategic assessment
Hyman Minsky’s “financial instability hypothesis” employs the key concept of financial “fragility.” What does it mean to describe a financial environment as “fragile”? Finally, on what grounds does Minsky also claim that, in the long-run (over the co..
Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run
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