Answer:
The correct answer is C.
Explanation:
Giving the following information:
The initial purchase of the land and the associated costs of opening up mining operations will cost $100 million today. The mine is expected to generate $16 million worth of ore per year for the next 12 years. At the end of the 12th year Rearden will need to spend $20 million to restore the land to its original pristine nature appearance.
We need to sum each cash flow until the total initial investment is paid:
Number of years= 100,000,000/16,000,000= 6.25 years
To be exact:
0.25*365= 95 days
It will take 6 years and 95 days to recover the initial investment.
Answer:
The correct answer is B. the limited liability of shareholders.
Explanation:
The legal representative of the bondholders is a mandatory figure in the issuance of bonds traded in the stock market. The legal representative of the bondholders has the primary function of performing the necessary acts for the exercise of the rights and the defense of the interests of the holders. Its activity is regulated, which includes a series of duties of management, defense, communication and conservation of mandatory compliance. In addition, he acts as spokesperson for the bondholders before the issuer, the Financial Superintendence of and third parties.
The legal representative of the bondholders will respond up to a slight fault in the fulfillment of their obligations.
Answer and Explanation:
The computation is shown below:
Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate
= 29000 × $6.3 - (16,000 units × 2) × $6
= $182,700 - $192,000
= - $9,300 favorable
Material price variance = Actual quantity × Actual price - Actual quantity × Standard price
= (29,000 units × $6.3) - (29,000 units × $6)
= $182,700 - $174,000
= $8,700 unfavorable
Material quantity variance = Standard quantity × Actual quantity - Standard rate × Standard quantity
= $6 × 29,000 units - $6 × (16,000 units × 2)
= $174,000 - $192,000
= -$18,000 favorable
The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one
Answer:
46,000 ending cash balance
Explanation:
50,000 Ariel Investment
+ 10,000 cash revenues
- 14,000 cash expenses
46,000 ending cash balance
(assuming no other transaction impacted the cash account)
When you are asked for a ending value, you should identify first, if there is a beginning value, something which start the balance of the account.
Like inventory in hand, supplies in hand, equipment, accounts payable
Then you have to figure out which trasnaction incresae the balance
and which decrease it.
<u>Finally you put them together:</u>
<em>beginning + increase - decrease = ending</em>
Answer: Communication Decency Act
Explanation:
Communication Decency Act was passed in 1996, it's an act that safe guards minors(children, under aged) from getting access to sexual materials from the internet. These is where some control against some channels at home are restricted and offices or firms use it for protection or prevention of workers from some web pages while working.
