{"id":119351,"date":"2021-02-01T04:55:40","date_gmt":"2021-02-01T04:55:40","guid":{"rendered":"https:\/\/essayparlour.com\/custom-essays\/?p=119351"},"modified":"2021-02-01T04:55:40","modified_gmt":"2021-02-01T04:55:40","slug":"order-the-answer-to-a-highway-construction-company-operates-a-quarry-during-the-las-2","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/custom-essays\/business-economics-2\/order-the-answer-to-a-highway-construction-company-operates-a-quarry-during-the-las-2\/","title":{"rendered":"Order the answer to: A highway construction company operates a quarry. During the las"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<td>A highway construction company operates a quarry. During the last 5 years, the amount extracted each year was 60,000, 50,000, 58,000 60,000, and 65,000 tons. The mine is estimated to contain a total of 2.5 million tons of usable stones and gravel. The quarry land had an initial cost of $3.2 million. The company had a per-ton gross income of $30 for the first year, $25 for the second year, $35 for the next 2 years, and $40 for the last year. (a) Determine the depletion charge each year, using the larger of the values for the two depletion methods. Assume all depletion amounts are less than 50% of taxable income. (b) Compute the percent of the initial cost that has been written off in these 5 years, using the depletion charges in part (a). (c) If the quarry operation is reevaluated after the first 3 years of operation and estimated to contain a total of 1.5 million tons remaining, rework parts (a) and (b).<\/td>\n<\/tr>\n<tr>\n<th>Subject<\/th>\n<td>business-economics<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<br \/>\nA highway construction company operates a quarry. During the last 5 years, the amount extracted each year was 60,000, 50,000, 58,000 60,000, and 65,000 tons. The mine is estimated to contain a total of 2.5 million tons of usable stones and gravel. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-119351","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/comments?post=119351"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119351\/revisions"}],"predecessor-version":[{"id":119352,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/posts\/119351\/revisions\/119352"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/media?parent=119351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/categories?post=119351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/custom-essays\/wp-json\/wp\/v2\/tags?post=119351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}