Business, 02.07.2019 01:10 terrellsmith84

Simpson mining is obligated to restore leased land to its original condition after its excavation activities are over in three years. the cash flow possibilities and probabilities for the restoration costs in three years are as follows: cash outflow probability100,000 40%150,000 30%200,000 30%the company's credit-adjusted risk-free interest rate is 5%. the liability that simpson must record at the beginning of the project for the restoration costs is:

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Simpson mining is obligated to restore leased land to its original condition after its excavation ac...