Business, 26.02.2020 02:27 HolaConcheeDaBrycee

On May 15, 2019 Boise Mechanical Systems, Inc. (BMS) paid $ 320 m cash for a Thallium smelter. The company engineers estimated that the facility would have a sixteen-year service life and that its retirement in accordance with then-current Idaho environmental regulations would cost $80 m. The risk-free rate (rF) was 2.8% and BMS, a BB- credit, expects a 550 bps credit spread to rF. On March 1, 2025 BMS sold the smelter for $190 m. The buyer paid cash and assumed the ARO. Required: Book the 2025 03 01 transfer. Assume that BMS accountants depreciated the smelter SLN with zero salvage, that discounting was calculated on a continuously compounded basis and that the ARO assumptions had not changed.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 06:30

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Answers: 1

Answer

Business, 22.06.2019 11:00

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Answers: 1

Answer

Business, 22.06.2019 12:10

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

Answers: 1

Answer

Business, 22.06.2019 13:40

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.

Answers: 1

Answer

You know the right answer?

On May 15, 2019 Boise Mechanical Systems, Inc. (BMS) paid $ 320 m cash for a Thallium smelter. The c...

Questions