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

When a binding price floor is imposed on a market to benefit sellers,every seller in the market benefits.all buyers and sellers benefit.every seller who wants to sell the good will be able to do so, but only if he appeals to the personal biases of the buyers.some sellers will not be able to sell any amount of the good?

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.