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Nitella [24]
2 years ago
7

Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over it

s useful life during year won the company extracted 7300 tons of copper the copper was sold for $5800 per ton assuming that the company incurred 8,855,000 and operating expense during year one based on this information how much net income would Monroe report in year 1
Business
1 answer:
vichka [17]2 years ago
7 0

Answer:

I think it would be B

Explanation:

hope this helps if not please let me know

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Suppose that TipsNToes, Inc.'s capital structure features 40 percent equity, 60 percent debt, and that its before-tax cost of de
Anit [1.1K]

Answer:

9.564%

Explanation:

Given that,

Cost of Debt = 9%

Tax Rate = 34%

Weight of Debt = 60%

Cost of Equity = 15%

Weight of Equity = 40%

TipsNToes' WACC:

= [Cost of Debt × (1 - Tax Rate) × Weight of Debt] + [Cost of Equity × Weight of Equity ]

= [9 × (1 - 0.34) × 0.60] + (15 × 0.40)

= 9.564%

Therefore, the TipsNToes' WACC will be 9.564%

5 0
2 years ago
Waterway Company uses a perpetual inventory system and made a purchase of merchandise on credit from Carla Vista Corporation on
leva [86]

Answer:

Dr Accounts Payable 9200 Cr Cash 9016 Cr Inventory 184

Explanation:

The payment terms of 2/10, n/45 mean that if paid within 10 days the company is entitled to a 2% discount. Otherwise full payment is required within 45 days.

Since we're settling the account within 10 days ( 7 days after purchase ) we are entitled to a 2% discount.

Originally the inventory was recorded at 9200 Dr and a Cr to Accounts payable of 9200.

The day the invetory is paid we will record the following (August 10)

Dr Accounts Payable $9200

Cr Cash/Bank                           $9016

Cr Inventory                              $184  

Since we're using the perpetual inventory system the actual cost of inventory is 9016 and not 9200. Thus inventory is now recorded at 9016. The cast amount is the actual amount used to settle the account after the 2% discount was applied.

5 0
3 years ago
Read 2 more answers
Nanda is “sharing” the news that a co-worker is going through a divorce. The news get to the manager and as a result, someone wi
hoa [83]

Answer:

I would punish Nanda.

Explanation:

6 0
3 years ago
Christina buys groceries every month from Target and rarely does much research on the products she buys. What is the marketing t
Neporo4naja [7]

People do have preference. Routine response behavior is the marketing term for this type of consumer behavior.

<h3>What is consumer behavior?</h3>

Consumer behavior is known to be the study of how people, customers, groups, etc., often select, buy, or use goods, and services to answer to their needs and wants.

Routine Response is also known as Programmed Behavior. Here one is buying low cost items and as such one do not need much search and decision effort.

Learn more about  consumer behavior from

brainly.com/question/1364759

5 0
2 years ago
These types of goals help make up the framework for long-term goals
Juli2301 [7.4K]
There are different types of goals like the short and long term goals. Short term only applies on specific schedule or a target time. Long term goals is more based on security like retirement plans, insurance, savings, health plans, home for the family an many more. These are some factors that can indicate stability and are the long term goals that had to be met.
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