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Business, 28.11.2019 03:31, CurlyheadShay
Buffalo mining company purchased land on february 1, 2020, at a cost of $972,400. it estimated that a total of 53,700 tons of mineral was available for mining. after it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. it estimates the fair value of this restoration obligation at $99,000. it believes it will be able to sell the property afterwards for $110,000. it incurred developmental costs of $220,000 before it was able to do any mining. in 2020, resources removed totaled 26,850 tons. the company sold 19,690 tons.
compute the following information for 2020.
(a) per unit material cost.
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Business, 22.06.2019 12:40, notorius315
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
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Business, 22.06.2019 20:00, ethanyayger
Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada
Answers: 1
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Buffalo mining company purchased land on february 1, 2020, at a cost of $972,400. it estimated that...
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