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Q: In 2013, 20,500 tons of or were sold for $2,050,000. For tax purposes, operating expenses of the mine were $500,000. The taxpayer may deduct either cost depletion or percentage depletion, which for
the type ore produced is 8 percent of production sold from the mine.(Assume , however, that percentage depletion is limited to the amount of net income from the property.) What would be the amount of percentage depletion allowable in 2013?
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Asked 8/20/2012 2:44:07 PM
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Questions asked by the same visitor
. Which ordered pair below has an x-coordinate value of 3, and a y-coordinate value of –2? (Points : 5)
Question
Expert Answered
Updated 2/13/2015 3:42:17 AM
1 Answer/Comment
(3, -2) has an x-coordinate value of 3, and a y-coordinate value of –2.
Added 2/13/2015 3:42:17 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/13/2015 4:42:36 AM]
Given the function f(x) = - 2x , find the value of f(–1).
Weegy: f(-1) = (-1)^2 - 2(-1) = 3 f(1) = 1^2 - 2(1) = -1 (More)
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Expert Answered
Updated 9/16/2014 12:52:57 AM
1 Answer/Comment
When f(x) = - 2x , the value of f(–1) is 2.
f(-1) = -2*(-1) = 2.
Added 9/16/2014 12:47:39 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [9/16/2014 12:52:53 AM], Rated good by andrewpallarca
What is the slope m and y-intercept point of the line y = 2x + 1?
Question
Expert Answered
Updated 300 days ago|2/17/2017 11:22:26 PM
1 Answer/Comment
In the form, y = mx + b, m stands for the slope and b stands for the y-intercept; therefore, in the equation y = 2x + 1,
Slope: 2
y-intercept: 1
Added 300 days ago|2/17/2017 11:22:26 PM
This answer has been confirmed as correct and helpful.
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