A stover-to-ethanol plant produces 40,000 tonne/ year of ethanol and contains 8 functional units: feedstock handling, pretreatme
1 answer:
Answer:
$88 Million
Explanation:
Data provided in the question:
Amount of ethanol produced by stover-to-ethanol plant, F = 40,000 tonne/ year
Number of functional units, N = 8
Now,
For F < 60,000 tonne/ year
The FCI of the plant is given as
FCI = 458,000 × N ×
On substituting the respective values, we get
FCI = 458,000 × 8 ×
or
FCI = 3,664,000 × 24.0225
or
FCI = $88018398.52 = $88 Million
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The answer to this solution is explained in the explanation section below
Explanation:
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Answer:
Option C is correct (8.95%)
Return on equity is 8.95%
Explanation:
Option C is correct (8.95%)
Return on Equity:
It is the measure of how well company is making profit in relation to stock holder equity.
General Formula formula for return on equity is:
ROE= Net Income/Shareholder Equity
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