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 167 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?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

How to plot a cosine function containing an amplitude and phase-shift (Question 2 of 2) How to plot a cosine function containing an amplitude and phase-shift (Question 2 of 2)
How to create a table of values displaying commission and earnings (Question 1) How to create a table of values displaying commission and earnings (Question 1)
Accounting Question Accounting Question
economic question economic question
Chemistry question Chemistry question
Youtube Question Youtube Question
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library