A coal mine cost $1,003,000 and is estimated to hold 50,000 tons of coal. There is no residual value. During the first year of operations, 6,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)

A) $10.03
B) $5.02
C) $20.06
D) $15.04


C .Depletion per unit = (Cost - Residual value) / Estimated total units
Depletion per unit = ($1,003,000 - 0 ) / 50,000 tons = $20.06 per ton

Business

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Nick, a highly skilled technician, has been one of the most productive employees at Swank Inc. But after the company went through a downsizing effort, Nick has taken on many more responsibilities and is struggling to keep up. What is the most likely consequence of this situation?

A. Nick experiences role conflict because Swank Inc. asks him to transfer to a position overseas. B. Nick places the responsibility for maintaining positive relationships on his direct supervisor. C. Nick wonders how Swank Inc. will evaluate his performance, so he asks for a transfer. D. Nick experiences role conflict and becomes confused about what to do. E. Nick experiences role overload and becomes dissatisfied with his job.

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When developing a strong résumé, the planning, writing and completing process should all be done at one time

Indicate whether the statement is true or false.

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All of the following could be considered ineffective packaging of your personal brand when preparing for an interview except

A. showing up late to an interview. B. poor grammar in your e-mails. C. unprofessional attire for an interview. D. talking about your personal accomplishments. E. typographical errors on your resume.

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A farmer expects to harvest 800,000 bushels of corn. To eliminate price risk, the farmer elects to short corn futures. What would cause the farmer to short only 720,000 bushels of corn?

A) Basis risk B) Illiquid futures markets C) Margin requirements D) Quantity uncertain

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