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 44 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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.


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 just purchased 10,000 Bbls of WTI crude at the current market price, the total benefit (cost) to you if you take the trade 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 Deast7027 on Jul 9, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
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


Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jul 9, 2019
Wow, this really help

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Organizing Drug Information by Pharmacologic Classification Organizing Drug Information by Pharmacologic Classification
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
World Crude Oil Production and Reserves (Billions of Barrels) World Crude Oil Production and Reserves (Billions of Barrels)
Stock Market Question Stock Market Question
economic question (having trouble) economic question (having trouble)
Economic question 5 Economic question 5
Video: How Hemoglobin Picks Up and Delivers Oxygen

For a complete list of videos, visit our video library