Business, 24.12.2019 01:31 kaylaw332

Acoal company invests $15 million in a mine estimated to have 20 million tons of coal and no salvage value. it is expected that the mine will be in operation for 5 years. in the first year, 1 tons of coal are extracted and sold. what is the depletion expense for the first year? a. $750,000b. $300,000c. $75,000d. cannot be determined from the information provided.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, fatty18

In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.

Answers: 2

continue

Business, 22.06.2019 10:00, bob7220

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Answers: 3

continue

Business, 22.06.2019 11:00, nathanbrockdac

Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]

Answers: 3

continue

Business, 22.06.2019 18:00, lovecats12

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?

Answers: 1

continue

You know the right answer?

Acoal company invests $15 million in a mine estimated to have 20 million tons of coal and no salvage...