On January 1, 2019, Barbosa Company purchased a coal mining site for $1,000,000. Under the terms of the purchase agreement, Barbosa must restore the site to specified conditions at an estimated cost of $125,000. Barbosa estimates that it will be able to operate the site for 20 years. Barbosa uses a 6% discount rate.

I am having trouble calculating the cost of the asset retirement obligation.

Answers

Answer 1

Answer:

Step-by-step explanation:

To calculate the cost of the asset retirement obligation (ARO), you will need to determine the present value of the estimated future cash flows required to settle the obligation.

In this case, the estimated cost to restore the coal mining site is $125,000, and Barbosa estimates that it will be able to operate the site for 20 years. We will assume that the restoration cost is incurred at the end of the 20th year.

To calculate the present value of the ARO, you can use the following formula:

Present Value of ARO = ARO Amount / (1 + Discount Rate)^n

Where ARO Amount is the estimated cost to restore the site, Discount Rate is the rate at which the future cash flows are discounted (in this case, 6%), and n is the number of years until the ARO will be settled (in this case, 20).

Using this formula, we can calculate the present value of the ARO as follows:

Present Value of ARO = $125,000 / (1 + 0.06)^20

= $41,198.31

Therefore, the cost of the asset retirement obligation is $41,198.31. This amount should be recorded as a liability on Barbosa's balance sheet and amortized over the 20-year estimated life of the mining site.


Related Questions

A bank account gathers compound interest at a rate of 5% each year.
Another bank account gathers the same amount of money in interest by the end of each year, but gathers compound interest each month.
If Haleema puts £3700 into the account which gathers interest each month, how much money would be in her account after 2 years and 11 months?
Give your answer in pounds to the nearest 1 p.

Answers

Haleema would have approximately £3947.46 in her account after 2 years and 11 months, considering the monthly compounding interest of 5%.

To calculate the amount of money in Haleema's account after 2 years and 11 months, we need to consider the monthly compounding interest on the account.

The interest rate is given as 5% per year, which means the monthly interest rate is (5%/12) = 0.4167%.

Let's calculate the final amount using the compound interest formula: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the interest rate, n is the number of times interest is compounded per year, and t is the number of years.

In this case, P = £3700, r = 0.004167, n = 12 (monthly compounding), and t = 2.917 (2 years and 11 months).

Plugging these values into the formula, we get:

A = £3700(1 + 0.004167/12)^(12*2.917)

A ≈ £3947.46

The amount of money in Haleema's account after 2 years and 11 months would be approximately £3947.46.

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Which number has the greatest absolute value?



A. −7.5


B. −12


C. 5


D. 3/4

Answers

Answer:

B

Step-by-step explanation:

A textbook store sold a combined total of 259 chemistry and sociology textbooks in a week. The number of sociology textbooks sold was 81 less than the number of chemistry textbooks sold. How many textbooks of each type were sold?

Answers

178

259-81 you have to subtract

Please help me thank you

Please help me thank you

Answers

Answer:

3.25

Step-by-step explanation:

2 power - 2 is 1/4 add that to 3 gives 3.25

Answer:

\(\huge\boxed{\sf f(-2) = 3.25}\)

Step-by-step explanation:

Given function is:

\(f(x) =2^x+3\)

Put x = -2

\(\displaystyle f(-2) = 2^{-2}+3\\\\f(-2) = \frac{1}{2^2} + 3\\\\f(-2) = \frac{1}{4} + 3\\\\f(-2) = 0.25+3\\\\f(-2) = 3.25\\\\\rule[225]{225}{2}\)

Hope this helped!

~AH1807

40% of students in a class are left-handed. Find the probability that the random sample of 20 Students in a class will have. (a) At least 5 Left-handed (b) Less than Four left-handed (c) Exactly 6 Left-handed students, apply correction for continuity for only C.​

Answers

Answer:

40% of 20 is 8

Step-by-step explanation:

1 bag of grape tomatoes coast $3 how many packages can you buy for $15

Answers

Answer:

5 package

Step-by-step explanation:

1 bag = $3

X bag = $15

1 * 15/3 = 5 bags

hence : 5 bag can be bought out of $15

       

Sketch the graph of a function that has a local maximum value at x = a where f'(a) is undefined.

Answers

Derivative and Maximum Value of a Function

The critical points of a function are those where the first derivative is zero or does not exist.

Out of those points, we may find local maxima or minima or none of them.

One example of a function with a derivative that does not exist is:

\(y=-x^{\frac{2}{3}}\)

This function has a local maximum at x=0 where the derivative does not exist.

The graph of this function is shown below:

Sketch the graph of a function that has a local maximum value at x = a where f'(a) is undefined.

An ice chest contains 8 cans of apple juice, 4 cans of grape juice, 6 cans of orange juice, and 4 cans of mango juice. suppose that you reach into the container and randomly select three cans in succession. Find the probability of selecting three cans of apple juice .

Answers

Answer:

8/22

Step-by-step explanation:

After completing your analysis of the rating system, you determine that any rating greater than or equal to 3.5 points can be considered a high rating. You also know that Chocolate and Tea considers a bar to be super dark chocolate if the bar's cocoa percent is greater than or equal to 70%. You decide to create a new data frame to find out which chocolate bars meet these two conditions.
Assume the first part of your code is:
best_trimmed_flavors_df <- trimmed_flavors_df %>%
You want to apply the filter() function to the variables Cocoa.Percent and Rating. Add the code chunk that lets you filter the data frame for chocolate bars that contain at least 70% cocoa and have a rating of at least 3.5 points.
What rating appears in row 1 of your tibble?
0 / 1 point
3.75
3.50
4.25
4.00

Answers

As a result, option two (3.50) is correct.

               

Step-by-step explanation:                                                    
                                   
The code chunk that allows you to filter the data frame for chocolate bars with at least 70% cocoa and a rating of at least 3.5 pounds is as follows


∴ filter(Cocoa, percent>='70%'&Rating>=3.5)


Therefore, the code you write is facet wrap(Cocoa. Percent). Facet wrap() is a function in this code chunk that allows you to wrap a variable's facets. All of the ingredients are derived from cocoa beans. Cacao solids (the "brown" part, which contains health benefits and the unmistakable chocolatey flavor) and cacao butter (the "white" part, which contains the chocolate's fatty component) are split in proportion.


As a result, 3.5 appears in row 1 of your Tibble.


Other options I (iii), and (iv) are incorrect because the question states that any rating greater than or equal to 3.5 points can be considered a
high rating, and the rating here should be 3.5, not 3.75, 4.25, or 4

So, option (ii) is correct.  


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8) Tim earns $15.00 per hour at his job. Last week he earned $800. a) Write an equation that can be used to determine the number of hours that he worked last week. b) What is the number of hours he worked? T​

Answers

Answer:

a= 800/15

b=53 hours round to nearest

Step-by-step explanation:

Reduce the fraction. Hint: Factor the numerator and the denominator first.

\(a^2+2ac+c^2/a^2+ac-ax-cx\)

Answers

Answer:

(a + c) / (c - x)

Step-by-step explanation:

Simplify:

(a² + 2ac + c²) / (c² + ac - ax - cx) = (a + c)² / (c(a + c) - x(a + c)) =(a + c)² / (a + c)(c - x) =                                 Cancel out (a + c)(a + c) / (c - x)

Answer:

\(\frac{(a+c)}{(a-x)}\)

Step-by-step explanation:

Ok, first let's factor out the numerator:

Factor: Numerator

We can use the special binomial product (a + b)² = a² + 2ab + b²

a² + 2ac + c²(a + c)²

Factor: Denominator

We can factor by grouping

a² - ax + ac - cxa(a - x) + c(a - x)(a - x)(a + c)

Simplify:

We can remove like terms.

\(\frac{(a+c)(a+c)}{(a-x)(a+c)}\)       <= Cancel out (a+c)\(\frac{(a+c)}{(a-x)}\)

-Chetan K

Which of the following are best described as lines that meet to form a right
angle?
A. Parallel lines
B. Lines that are coplanar
C. Perpendicular lines
D. Intersecting lines

Answers

I think it’s b or c

Answer:

A line is said to be perpendicular to another line if the two lines intersect at a right angle. An angle is said to be a right angle if its measure is 90 degrees.

Find the value of this expression if x = -2.
x^2 – 8/x + 6​

Find the value of this expression if x = -2.x^2 8/x + 6

Answers

Answer:

-1

Step-by-step explanation:

x^2 – 8

-----------

x + 6​

Let x = -2

(-2)^2 – 8

-----------

-2 + 6​

Exponents first

4 – 8

-----------

-2 + 6​

Then complete the numerator and denominator

-4

-----

4

Then divide

-1

Answer:

-1

Step-by-step explanation:

((-2)^2 - 8)/ -2+6

=>(4-8)/4

=>-4/4

=>-1

A random number generator is used to select an integer from 1 to 50 ​(inclusively). What is the probability of selecting the integer 361​?

Answers

The probability of selecting the integer 361 from the random generator is 0.

What is probability?

It should be noted that probability simply has to do with the likelihood that a particular thing will take place.

In this case, a random number generator is used to select an integer from 1 to 50 .

The probability of selecting the integer 361 from the random generator will be 0. This is because the numbers given are from 1 to 50.

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A number cube with the numbers 1 through 6 is rolled. How many total number of outcomes are there?
total number of outcomes

Answers

Answer:

6 outcomes

Step-by-step explanation:

If a number has the numbers 1-6, the sample space, or the number outcomes would be 6.I hope this helped! =)

eight hundred twenty nine and six tenths as a decimal

Answers

Answer: 829.6

Any other questions ask :)

1) Which choice best represents the height of a clothes dryer. A 1 meter B kilometer c1 centimeter D. 1 millimeter​

Answers

it’s not that hard think harder;)

Enter the coordinates where P' should be.

Enter the coordinates where P' should be.

Answers

Answer:

2, -2

Step-by-step explanation:

i have already learned this

Answer:

(-2 , -2)

Step-by-step explanation:

I need help this is almost due and i'm stuck please help I don't want to fail .

I need help this is almost due and i'm stuck please help I don't want to fail .

Answers

Answer:
318 in^2

Explanation:
SA = 2(wl + hl + hw)
= 2(3(3) + 25(3) + (25)3)
= 2 (9 + 75 + 75)
= 2(159)
= 318 in^2

The number of children's books at a library was 2/5 of the total number of books. After 298 children's books were added to the library, the number of children's books was 4/7 of the total number of books. How many books were there in the library at first?

Answers

Answer:

  745

Step-by-step explanation:

You want the original number of books in the library if adding 298 children's books increased the fraction of children's books from 2/5 to 4/7.

Ratio

We often like to work problems like this in terms of "ratio units." Here, we'll let x represent the number of books in a ratio unit. This means the number of children's books is originally 2x, and the total number of books is originally 5x. Then we have ...

  (2x +298)/(5x +298) = 4//7

Solution

Cross multiplying gives ...

  7(2x +298) = 4(5x +298)

  3(298) = 6x . . . . . . . . . . . . . subtract (14x+4(298))

  149 = x

  745 = 5x . . . . . . the original number of books in the library

There were 745 books in the library at first.

__

Additional comment

If we let x represent the original number of library books, then the arithmetic involves more fractions. You would have an equation like ...

  2/5x +298 = 4/7(x +298)

<95141404393>

How do I Plot 2y-3x>10 on a graph

Answers

go to desmos. com then go to graphing calculator and type it on. always works!

You should plan on 1 1/2 pounds of turkey per person. Your family is having 10 people for Thanksgiving dinner. How many pound turkey should you plan to buy?

Answers

Answer:

Weight of total turkey need = 15 pound turkey

Step-by-step explanation:

Given:

Turkey need per person = 1\(\frac{1}{2}\) pound turkey = 3/2 pound turkey

Total person = 10

Find:

Weight of total turkey need

Computation:

Weight of total turkey need = (3/2)(10)

Weight of total turkey need = 15 pound turkey

900 tickets were sold. Adult tickets cost $10, children's cost $4, and a total of $7500 was

collected. How many tickets of each kind were sold?​

Answers

Answer:

650 adult tickets and 250 children's tickets.

Step-by-step explanation:

900 tickets were sold. Adult tickets cost $10, children's cost $4, and a total of $7500 was collected.

which would be the base case in a recursive solution to the problem of finding the factorial of a number. recall that the factorial of a non-negative whole number is defined as n! where: if n

Answers

The base case in a recursive solution to the problem of finding the factorial of a number is n = 0 .

Given :

the base case in a recursive solution to the problem of finding the factorial of a number. recall that the factorial of a non-negative whole number is defined as n! .

Base case :

The base case is the condition to stop the recursion. The recursive case is the part where the function calls on itself .

we know that ,

def func ( n ) :

     if   n == 0 :

return 1

Here the base case is clearly n = 0

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If Jaime wants to find 60% of 320, which table should he use?

If Jaime wants to find 60% of 320, which table should he use?

Answers

Answer:

in 3th table or 30percent

Slope intercept form for points through (0,-4) and (2,1)

Answers

I would like to help you but can you elaborate just a little bit more?

Answer:

y = (5/2)x - 4

Step-by-step explanation:

(0, -4) and (2, 1)

(x₁, y₁)         (x₂, y₂)

        y₂ - y₁         1 - (-4)         1 + 4        5

m = ------------- = ------------ = --------- = --------

         x₂ - x₁         2 - 0            2            2

y - y₁ = m(x - x₁)

y - (-4) = (5/2)(x - 0)

y + 4 = (5/2)x - 0

   -4                 -4

----------------------------

y = (5/2)x - 4

I hope this helps!

What are the x-intercept and y-intercept for this line: 5x − 3y = 15

Answers

Answer:

5x + 3y = 15 are (3,0) and (0,5).

Step-by-step explanation:

To learn how to find the x intercept, we will change the y for 0 and solve for x.

1. Consider the following quadratic function y=4-5x+3x². a) b) c) Generate the table of values of the function for all x ranging from to Use the table to plot the graph of the function y = f(x) for all scale 4or the y-axis and 2cm to I unit along the x-axis. Using the graph: Solve for the root of the equation 4-5x+3x²=0. Solve the equation 3x² -5x=2. (iii) Determine the range of values of x for which 35x​

Answers

Answer: \(35x < 4-5x+3x^2\) is \(x < \frac{1}{3}\) or \(x > \frac{4}{3}\)

Step-by-step explanation:

A) To generate the table of values, we can substitute different values of x into the equation and solve for y.

x             y

-2        26

-1        12

0         4

1         2

2        10

To plot the graph of the function, we can use the table of values and plot the corresponding points on a graph with a scale of 4 for the y-axis and 2cm to 1 unit along the x-axis. The graph should look like a parabola opening upwards.

c) To solve for the root of the equation 4-5x+3x^2=0, we can use the graph and find the x-coordinate of the point where the graph intersects the x-axis. This point is also known as the x-intercept or the root of the equation. From the graph, we can see that the root is approximately x=0.83.

To solve the equation 3x^2 -5x=2, we can rearrange it to the form 3x^2 -5x-2=0 and factor it as (3x+1)(x-2)=0. This gives us two solutions: x=-1/3 and x=2.

To determine the range of values of x for which 35x​<4-5x+3x^2, we can rearrange the inequality to the form 3x^2-40x+4>0 and factor it as (3x-1)(x-4/3)>0. This means that either (3x-1) and (x-4/3) are both positive or both negative.

When (3x-1)>0 and (x-4/3)>0, we get x>1/3 and x>4/3, which means x>4/3.

When (3x-1)<0 and (x-4/3)<0, we get x<1/3 and x<4/3, which means x<1/3.

Therefore, the range of values of x for which 35x<4-5x+3x^2 is x<1/3 or x>4/3.

Explain the different types of rain​

Answers

Answer:

Convectional rainfall. - Convectional rainfall occurs when the energy of the sun heats the surface of the Earth, causing water to evaporate to form water vapour. When the land heats up, it warms the air above it. This causes the air to expand and rise. As the air rises, it cools and condenses. ... If this process continues, rainfall will occur.

Orographic or relief rainfall. - Orographic or relief rainfall is caused when masses of air are forced up the side of elevated land formations, such as large mountains, often referred to as an upslope effect. The lift of the air up the side of the mountain results in adiabatic cooling, and ultimately condensation and precipitation.

Cyclonic or frontal rainfall. - Frontal or Cyclonic Rain is caused by cyclonic activity and it occurs along the fronts of the cyclone. It is formed when two masses of air of different temperature, humidity and density meets. For example meeting of moisture laden warm tropical wind with a polar air mass. A layer separating them is called the front.

Step-by-step explanation:

Hope this helps!

A line with slpoe 3 passes through the point (0.10). What is the y-coordinate of the point on the line with x-coordinate 2

Answers

Answer:

When x-coordinate x = 2, the value of the y-coordinate is: y = 16

Please also check the graph.

Step-by-step explanation:

The slope-intercept form of the line equation

\(y = mx+b\)

where

m is the slopeb is the y-intercept

Given

The point (0, 10)

The slope m = 3

The value of the y-intercept can be determined by setting x = 0, and determining the corresponding value of y.

We have given the point (0, 10)

It means:

at x = 0, y = 1 0

Therefore, the y-intercept b = 10

so substituting b = 10 and m = 3 in the slope-intercept form

\(y = mx+b\)

\(y = 3x+10\)

Therefore, the equation of a line with slope 3 passes through the point (0, 10) will be:

\(y = 3x+10\)

Now, substituting x = 2 in the equation

\(y = 3x+10\)

y = 3(2) + 10

y = 6+10

y = 16

Therefore, when x-coordinate x = 2, the value of the y-coordinate is: y = 16

Please also check the graph.

A line with slpoe 3 passes through the point (0.10). What is the y-coordinate of the point on the line
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