You are thinking about investing in a mine that will produce $10,000 worth of ore in the first year. as the ore closest to the surface is removed it will become more difficult to extract the ore. therefore, the value of the ore that you mine will decline at a rate of 8% per year forever. if the appropriate interest rate is 6%, then the value of this mining operation is closest to:
a) $71,429
b)$500,000
c) $166,667
d) this problem cannot be solved

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year