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jek_recluse [69]
3 years ago
10

Cost of transporting raw materials in the manufacture of steel is unimportant in considerations of where to locate a steel mill.

Business
1 answer:
V125BC [204]3 years ago
4 0

Answer:

The correct answer is False.

Explanation:

The manufacture of iron and steel involves a series of complex processes, whereby iron ore is extracted to produce steel products, using coke and limestone. The conversion processes follow the following steps:

(a) coal coke production, and by-product recovery,

(b) mineral preparation (eg, synthesize and form pellets),

(c) iron production,

(d) steel production, and

(e) casting, laminating and finishing.

You can perform these steps in a single installation, or in several completely separate locations. In many developing countries, scrap steel is manufactured in an electric arc furnace. Therefore, steps (a) through (c) may not always be applicable to all steelmaking projects. An alternative way to produce steel is that of direct reduction, using natural gas and hydrogen. The product of this process, spongy iron, becomes a steel arc furnace; then the ingots melt, and for this the non-flat products are produced with one or two laminators. They are called "mini factories".

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sergiy2304 [10]
When I don't have money and I know that I can pay in future, if I am not sure that I can pay in future it's not worth full to take loan
4 0
3 years ago
Wilma is one of five equal members of Polar, LLC. This year, Polar generates $5 million in profits. The company reinvests $4 mil
bogdanovich [222]

Answer:

c. Wilma (and each of the members) pays taxes on their $1 million share ($5 million divided by 5) of profits.

Explanation:

Data provided in the questions

Generated profits = $5 million

Reinvested amount into the company = $4 million

Out of which $1 million is to be divided equally

based on the above information, the federal income tax should be paid by 5 members of $1 million each

Hence, the option c is correct  

And all other options are wrong

3 0
3 years ago
Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balanc
NemiM [27]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net loss                                                                                   -$16,000

Adjustment made:

Add : Depreciation expense $14,600

Add: Decrease in accounts receivable $24,000  

Add: Increase in salaries payable $18,000

Less: Decrease in accrued liabilities -$8,000

Total of Adjustments $48,600

Net Cash flow from Operating activities                                $32,600

4 0
3 years ago
The manufacturing cost of Calico Industries for three months of the year are provided below:
Delvig [45]

Answer:

b. $0.40 per unit and $8,000

Explanation:

High low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.

According to High low method

Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )

Variable cost per unit  = ( $120,000 - $74,000 ) / ( 280,000 - 165,000 )

Variable cost per unit  = $46,000 / 115,000

Variable cost per unit  = $0.4

Fixed operating cost = Total cost - Total Variable cost = $120,000 - ( 280,000 x $0.4 ) = $8,000

4 0
3 years ago
What are the sources of business rules, and what is the database designer's role with regard to business rules?
SVEN [57.7K]
<span>The managers make business rules- both company managers and department managers. They might also be in procedures and employee manuals. The database designer's role is to identify and take notes on such rules. They are supposed to find and correct differences within the rules while keeping the rules the same.</span>
3 0
3 years ago
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