subject
Business, 20.12.2019 05:31 ericka79

Montana mining co. (mmc) paid $200 million for the right to explore and extract rare metals from land owned by the state of montana. to obtain the rights, mmc agreed to restore the land to a suitable condition for other uses after its exploration and extraction activities. mmc incurred exploration and development costs of $60 million on the project. mmc has a credit-adjusted risk free interest rate is 7%. it estimates the possible cash flows for restoring the land, three years after its extraction activities begin, as follows: cash outflow probability $ 10 million 60 % $ 30 million 40 % the asset retirement obligation (rounded) that should be reported on mmc's balance sheet at the acquisition date is:

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:50
Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years
Answers: 3
question
Business, 22.06.2019 11:40
You are a manager at asda. you have been given the demand data for the past 10 weeks for swim rings for children. you decide to run multiple types of forecasting methods on the data to see which gives you the best forecast. if you were to use exponential smoothing with alpha =.8, what would be your forecast for week 22? (the forecast for week 21 was 1277.) week demand 12 1317 13 1307 14 1261 15 1258 16 1267 17 1256 18 1268 19 1277 20 1277 21 1297
Answers: 3
question
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
question
Business, 23.06.2019 00:00
An attorney came to work on a saturday. when he signed in, he was advised by the morning security guard employed by the building management that he must be out of the building by 5 p.m., when it closes. however, he stayed past 5 p.m. to complete a brief that had to be filed on monday morning. at 5: 15 p.m., the afternoon security guard set the locks on all the doors of the building and left. because she was in a hurry, she did not check the sign-in sheet to make sure that everyone had signed out, contrary to mandatory procedures. when the attorney tried to exit 15 minutes later, he discovered that the doors were all locked and could not be opened from the inside. he used his cell phone to call for , and a supervisor from the building arrived and let him out shortly thereafter. if the attorney sues the building management for false imprisonment, is he likely to win?
Answers: 1
You know the right answer?
Montana mining co. (mmc) paid $200 million for the right to explore and extract rare metals from lan...
Questions
question
English, 02.02.2020 15:49
question
Mathematics, 02.02.2020 15:49
Questions on the website: 13722361