Digger, Inc. paid $100,000 for the rights to mineral deposits containing an estimated 20,000 tons of ore. Digger paid an additional $20,000 for exploration and development and estimated there would be no salvage value once the ore was fully extracted. Calculate depletion expense if Digger extracted and sold 8,000 tons of ore.

An object that is clicked on and takes the presentation to a new targeted file is done through a

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?