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3 years ago

How would a mining company try to restore the land back to its original state after extraction of the ore was completed

Business

1 answer:

STALIN [3.7K]3 years ago

6 0

Answer:

by completely cleaning up the land and paying for damages

Explanation:

The way that mining companies accomplish this is by completely cleaning up the land and paying for damages. These damages include anything that was destroyed in order for the mining to take place, including buildings, houses, parks, etc. This money goes to the city or individuals in charge of the land which they can use to rebuild on top of the clean land and shape it as they see fit. This entire process is usually known as land reclamation.

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A firm with an A rating plans to issue one million units of a 10 year-4% bond with face value $100. After the financial crisis t

GenaCL600 [577]

Answer:

a)$103.309 million initially b)$83.309 million c)240070 bonds more

Here is the complete question:

A firm with an A rating plans to issue one million units of a 10 year-4% bond with face value $100. After the financial crisis this firm is downgraded to a B rating. The yield curve increases 0.2% per year. The yield for year 1 is y1=1%, for year 2 is y2=1.2%, y3=1.4% and so on and y10=2.8%. The default spreads are given in the table below.

(a) What is the initial amount (before downgrading) the firm wants to raise?

(b) How much can this now B rated firm raise?

Rating Default spread

AAA 0.20%

AA 0.40%

A+ 0.60%

A 0.80%

A- 1.00%

BBB 1.50%

BB+ 2.00%

BB 2.50%

B+ 3.00%

B 3.50%

B- 4.50%

CCC 8.00%

CC 10.00%

C 12.00%

D 20.00%

Explanation: The explanation is found in the attachment

8 0

3 years ago

For each of the following items before adjustment, indicate the type of adjusting entry (prepaid expense, unearned revenue, accr

igor_vitrenko [27]

Answer:

See explanation

Explanation:

(a) Assets are understated - If we do not adjust accrued revenue, the assets are understated. For example - if we do not add any outstanding rent revenue, the assets will become understated.

(b) Liabilities are overstated - If we do not adjust unearned revenue, the liabilities are overstated. For example - if we do not deduct any expired unearned revenue, the liabilities will become overstated.

(c) Liabilities are understated - If we do not adjust accrued expense, the liabilities are understated. For example - if we do not add any outstanding rent expense, the liabilities will become understated.

(d) Expenses are understated - If we do not adjust accrued expense and prepaid expense, the expenses are understated. For example - if we do not add any outstanding rent expense and expired prepaid expenses, the expenses will become understated.

(e) Assets are overstated - If we do not adjust prepaid expense, the assets are overstated. For example - if we do not deduct any expired prepaid insurance, the assets will become overstated.

(f) Revenue is understated - If we do not adjust accrued revenue and unearned revenue, the revenue is understated. For example - if we do not add any outstanding rent revenue and expired unearned revenue, the revenue will become understated.

3 0

3 years ago

Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year

Pavel [41]

Answer:

Camper's Edge Factory

Departments Cutting Sewing

a. The total number of budgeted

direct labor hours for the year 60,000 70,000

b. Products Canopy Tent

Factory overhead per unit $17.50 $40

Explanation:

a) Data and Calculations:

Total budgeted factory overhead = $750,000

Canopy Tent Total

Direct labor hours

Cutting 2 1 3

Sewing 1 6 7

Total direct labor hours 3 7

Budgeted production units 20,000 10,000

Departments Cutting Sewing

Budgeted factory overhead $350,000 $400,000

Direct labor hours:

Canopy 40,000 (20,000 * 2) 10,000 (10,000 * 1)

Tent 20,000 (20,000 * 1) 60,000 (10,000 * 6)

Total direct labor hours 60,000 70,000

Overhead allocation rates $5.833 $5.714

($350,000/60,000) ($400,000/70,000)

Overhead per unit $17.50 ($5.833 * 3) $40 ($5.714 * 7)

5 0

2 years ago

The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands).

creativ13 [48]

Answer:

A. $1,517,648 thousand

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)

= $1,517,397 - ($4,345 - $4,094)

= $1,517,648

We simply applied the above formula so that the cost of goods sold using the FIFO method could come

All other information i.e given is not relevant. Hence, ignored it

4 0

3 years ago

Which two tasks does a public affairs officer do?

spayn [35]

Answer:

planning publicity strategies and campaigns. writing and producing presentations and press releases. dealing with enquiries from the public, the press, and related organisations. organising and attending promotional events such as press conferences, open days, exhibitions, tours and visit.

8 0

3 years ago