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Rudik [331]
4 years ago
5

Alaska North Slope Crude Oil (ANS) $71.75/Bbl West Texas Intermediate Crude Oil (WTI) $73.06/Bbl As an oil refiner, you are able

to produce $76 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil. Because of its lower sulfur content, you can produce $77 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude. Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil. Assuming you currently have 10,000 Bbls of WTI crude, the added benefit (cost) to you if you take the trade is closest to
Business
1 answer:
seropon [69]4 years ago
6 0

Answer:

Crude Oil

Added Benefit = $3,737.50 ($43,137.50 - $39,400.00)

Explanation:

a) Calculations:

Benefits from ANS = $4.25 per barrel ($76 -$71.75)

Benefits from WTI = $3.94 per barrel ($77 -$73.06)

Total benefits from ANS = 10,150 x $4.25 = $43,137.50

Total benefits from WTI = 10,000 x $3.94 = $39,400.00

b) It would benefit the company to undertake the exchange, with a net benefit of $3,737.50.  The difference occurs from the value derivable from refining each type of crude.  While Alaska North Slope Crude Oil (ANS) costs $71.75/Bbl, West Texas Intermediate Crude Oil (WTI) costs $73.06/Bbl.  In the same way, their benefits from unleaded gasoline per barrel differ.  The benefit from ANS is $76 per barrel against that of WTI $77 per barrel.

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When two goods are substitutes production then what??​
swat32

Answer:

An increase in the price of one substitute good causes a decrease in supply for the other.

Explanation:

I just took a test on this subject last week :)

7 0
2 years ago
Balance sheet and income statement data indicate the following:
QveST [7]

Answer:

the times interest earned ratio is 5.87 times

Explanation:

The computation of the times interest earned ratio is shown below:

Interest expense is

= Bonds payable × Interest rate

= $1,106,989 × 6%

= $66,419

Now

Times interest earned ratio is

= (Income before income tax for year + Interest expense) ÷ Interest expense

= ($323,108 + $66,419) ÷ ($66,419)

= 5.87 times

Hence, the times interest earned ratio is 5.87 times

4 0
3 years ago
Consumers today receive commercial messages from a broad range of sources.
NemiM [27]

Answer:

Letter A is correct. <u><em>Don't distinguish between message sources.</em></u>

Explanation:

Integrated marketing communication is a relevant tool whose primary objective is to ensure that there is compliance in corporate marketing communication across all media channels used by the organization, ie all communication of promotions and dissemination of company products and services is organized and consistent to create reliability and customer experience.

There are many benefits to ensuring that integrated marketing communication is well developed, some of which are brand awareness according to their individual exposed elements, cost savings and less waste with inconsistent messages, the consumer experience that assists continuous improvement. communication and focus on results, achieved most effectively when there is synchronization between internal and external communication in the company.

7 0
3 years ago
The following events occurred for Favata Company:_________
Kipish [7]

Answer:

a.

Cash                                     16500 Dr

       Common Stock                  16500 Cr

b.

Cash                                    13500 Dr

    Notes Payable                     13500 Cr

c.

Equipment account                   1450 Dr

        Accounts Payable                 1450 Cr

d.

Land                            25000 Dr

     Cash                               2300 Cr

     Notes Payable               22700 Cr

e.

Equipment account                       9500 Dr

     Cash                                              2300 Cr

     Accounts Payable                        7200 Cr    

Explanation:

a.

The issuance of common stock against cash will increase the cash and the capital. So cash will be debited and capital (common stock) will be credited.

b.

The issuance of notes payable against cash increases liability and asset. The asset increase in cash will be debited and liability increase in notes payable will be credited.

c.

The purchase of equipment on account will increase liability and asset. The asset increase in form of equipment will be debited and the liability increase in form of accounts payable will be credited.

d.

The purchase of land will increase land and result in a debit to the land account. It is purchased for cash and a liability of notes payable. So both cash and the notes payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).

e.

The purchase of equipment will increase equipment account and result in  a debit to the equipment account. It is purchased for cash and a liability of accounts payable. So both cash and the accounts payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).

5 0
3 years ago
Fiona is a manager at Tune In Solutions. As a leader, she has complete authority to recruit and lay off employees. She also has
Dafna1 [17]

Answer:

A. position power

Explanation:

The person working in the company or organisation , having high position power , plays a very important role .

As the person has got the right to recruit any employees , depending to his or her abilities ,

The person can reward as well as punish the for any good or faulty performance .

Hence , from the given scenario of the question ,

The correct option is A. position power .

5 0
3 years ago
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