Lava Excavators,Inc

question 5

Multiple Choice

Lava Excavators,Inc. ,needs a drill to continue its operations and orders one for $3,000 from Mining Supplies Company.Lava tells Mining that it must receive the drill by Tuesday or it will lose $10,000.Mining ships the drill late.Lava can recover

• A)$13,000.
• B)$10,000.
• C)$3,000.
• D)$0.

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Definitions:

Slate

Slate is a fine-grained metamorphic rock that can be split into thin layers, often used for roofing, flooring, and historical writing tablets.

Nonmetallic Mineral

Minerals that lack metallic properties, often used in construction and manufacturing, such as sand, gravel, and precious stones.

Phosphates

Mineral salts containing the phosphate ion, used in fertilizers, detergents, and as a dietary supplement.