Question
jackpot Mining Company operates a copper mine in Central Montana the company paid $1000000 in 2016 for the mine site and spent an additional $600,000
jackpot Mining Company operates a copper mine in Central Montana the company paid $1000000 in 2016 for the mine site and spent an additional $600,000 to prepare the mind for extraction of the copper after the copper is extracted approximately 4 years the company is required to restore the land to its original condition including repaving of roads and replacing a greenbelt. company has provided the following three cash flow possibilities for the Restoration costs.
cash out flow. probability 300,000. 25% 400,000. 40% 600,000. 35%
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