The economy has shifted away from industrial production and many of our most important<span> goods and services are transferred, created, and exchanged via online networks.
The existence of internet itself actually threatened the existence of retail stores. For example, Thousands of bookstores all over the world since Amazon started selling books online.</span>
Answer:
a. $14.7 million
b. $15.7 million
Explanation:
a. The asset retirement obligation (rounded) that should be recognized at the beginning of the extraction activities is:
Present Value of Cash Flows Expected From the Project / Asset Retirement Obligation at the Beginning = (0.60*10 + .40*30) * PVIF(7%,3 Years)
=(0.60*10,000,000 + 0.40 * 30,000,000) * 0.81630
= (6,000,000 + 12,000,000) * 0.81630
= 18,000,000 * 0.81630
= $14.7 million
b. The asset retirement obligation (rounded) that should be reported on the balance sheet one year after activities begin is:
Asset Retirement Obligation One Year After = Present Value of Cash Flows Expected From the Project*(1+.07)
= 14,700,000 * (1+0.07)
= 14,700,000 * (1.07)
= $15.7 million
Answer:
I Dont know
Explanation:
sorrrrrrry I will try next time
Answer:
c. Because X's failure to disclose the condition of the faucet is not material.
Explanation:
In order to consider X's failure as material and therefore allowing Y to rescind the contract, the failure to disclose must involve an element of the contract that is in such a bad condition that it would make the contract as "irreparably broken".
In this case, contract law provides other remedies that Y can use to try to make X pay for the repairs, but Y cannot unilaterally rescind the contract.
Answer:
The value of the bond today is closest to $1648.85
Explanation:
The value of the bond today is closest to:
Present Value = FV / (1+i)^n
*m
FV= 2500
I = 4.25 = 0.0425
N= 5
M= 2
The value of the bond today = 2500 / (1+0.0425) ^5*2
The value of the bond today = 2500 / 1.516214468
The value of the bond today = 1648.853256
The value of the bond today = $1648.85