This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Use the information for the question(s) below.Alaska North Slope Crude Oil (ANS)$71.75/BblWest Texas ... (Read 184 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jul 9, 2019
Use the information for the question(s) below.

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.


Assuming you just purchased 10,000 Bbls of WTI crude at the current market price, the total benefit (cost) to you if you were to refine this crude oil and sell the unleaded gasoline is closest to:
◦ $730,600
◦ $770,000
◦ $771,400
◦ $773,908
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by james9437 on Jul 9, 2019

jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


james9437

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jul 9, 2019
Thanks


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jul 9, 2019
Welcome :)


« previous next »
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Walrus Ivory masks made by Yupik in Alaska Walrus Ivory masks made by Yupik in Alaska
The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ... The material safety data sheet (MSDS) for sulfuric acid showing the detailed technical information ...
How to solve rate problems leading to fractional equations (Question 2) How to solve rate problems leading to fractional equations (Question 2)
Question Question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Carbohydrate Metabolism: Introduction to renal processes and filtrate formation and composition

For a complete list of videos, visit our video library