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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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Li Meng purchased a property that had been owned by the same man for more than 40 years. The title search was clean. In the spri
stira [4]

The covenant is against encumbrances.

<h3><u>what is an encumbrance?</u></h3>

A claim made against a piece of property by someone who isn't the owner is called an encumbrance.

  • Encumbrance may affect the property's ability to be transferred and limit its free use until the encumbrance is removed.
  • Real estate is subject to the most prevalent kinds of encumbrances, such as mortgages, easements, and property tax liens.

The previous property owner failed to disclose to Li Meng that there was an easement across the property.

Learn more encumbrance with the help of the following link:

brainly.com/question/14844424?referrer=searchResults

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6 0
2 years ago
Bill Blum insured his hardware store with a fire insurance policy for $88,000 at a cost of $0.84 per $100. Ten months later his
Dovator [93]

Answer:$616

Explanation:

The insurance policy is a policy on an annual basis in which premium are paid in advance to enable the insurance firm to provide cover for the clients.

Cost of insurance

$0.84* ($88000/100)

= $732.92 per annum

However since the insurance was cancelled after 10 months he will only be responsible for 10 months.

$739.2/12*10

=$616

4 0
3 years ago
A company sold land, investments, and issued their own common stock for $11 million, $15 million, and $21 million, respectively.
Alborosie

Answer:

Net cash flow from investing activities: $20 million

Net cash flow from financing activities: $19 million

Explanation:

a. Calculation for flow from investing activities

Sale of land $11

Sale of investments 15

Purchase of equipment (2)

Purchase of patent (4)

Net cash flow from investing activities: $20

b. Calculation for Cash flow from financing activities

Issuance of common stock $21

Purchase treasury stock (2)

Net cash flow from financing activities: $19

Therefore Net cash flow from investing activities is $20 million while Net cash flow from financing activities is $19 million

7 0
3 years ago
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum
Vladimir79 [104]

Answer:

hiii...myself tanvi new on brainly...can get some help from you plz....to know the people

3 0
3 years ago
In addition to the desire to own a product, demand includes the desire, willingness, and ability to buy the product.
snow_lady [41]

Answer:

True

Explanation:

Demand refers to the volume of a good or service that buyers are willing and able to purchase at a certain price over a period. It means that customers should be willing to buy and have the financial ability to pay for the goods for the demand for a product to exist.

Demand for a good is affected by, among other things, customer's preferences and people's incomes.  Customer preference is the willingness and the desire to get the product. People's income is the ability to pay.

7 0
2 years ago
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