Fortune drilling company acquires a mineral deposit at a cost of $5,900,000. it incurs additional costs of $600,000 to access the deposit, which is estimated to contain 2,000,000 tons and is expected to take 5 years to extract. compute the depletion expense for the first year assuming 418,000 tons were mined. a. $1,233,100.b. $1,358,500.c. $1,300,000.d. $1,180,000.e. $1,280,000.

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.

Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market. who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: