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Blizzard [7]
3 years ago
14

A coal company invests $12 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, 1,000,000 tons of coal are extracted and sold. what is the depletion expense for the first year?
Business
1 answer:
lilavasa [31]3 years ago
5 0
2 percent is the depletion
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Raise the marketing spend to raise visibility.

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A business plan should be rewritten every three to five years<br> true<br> false
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A loan of $100,000 is taken out which requires an annual interest payment of 6% of the borrowed amount of money (in market dolla
pav-90 [236]

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C. $5,150

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Calculation for what will be the value of interest payment at the end of fifth year in real dollars

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I'm leaving this ACC take the points-
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TY OMG THIS MEANS SO MUCH
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