What is the profit or loss associated with copper

Assignment Help Finance Basics
Reference no: EM13273007

Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 62,500 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce and copper sells for $0.85 per pound. Allocate the joint costs using relative weight. With these costs, what is the profit or loss associated with Copper?

Reference no: EM13273007

Questions Cloud

Compute the standard enthalpy of combustion of the liquid : For propane, C3H8, the standard enthalpy of combustion of the gas is -2220 kJ/mol and the standard enthalpy of vaporization of the liquid is +15 kJ/mol. Calculate the standard enthalpy of combustion of the liquid.
How many nuclei are in the beam : A beam of nuclei is used for cancer therapy. Each nucleus has an energy of 108 MeV, How many nuclei are in the beam
What is the price of this bond : What is the price of this bond if the annualized effective rate is 5 percent?
What is the force between the charges : Sketch the electric field and equipotential lines associated with a 6 coulomb negative charge and a 3 coulomb positive charge. what is the force between the charges
What is the profit or loss associated with copper : Gold sells for $325 per ounce and copper sells for $0.85 per pound. Allocate the joint costs using relative weight. With these costs, what is the profit or loss associated with Copper?
Calculate the impact of the exhibit on company profit : Depreciation of office equipment 3,600 Printing of advertising materials 700 Advertising in Middleton Journal 2,500 Travel expenses other than depreciation of autos (variable cost) $2,400 Depreciation of company cars 9,000 Required: Calculate the ..
What is the persons absorbed dose : Over a year's time, a person receives a biologically equivalent dose of 21 mrem (millirems) from cosmic rays, What is the person's absorbed dose in rads
What is the amount the firm should use as the initial cash : What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?
What is the true initial cost figure southern : What is the true initial cost figure Southern should use when evaluating its project?

Reviews

Write a Review

Finance Basics Questions & Answers

  Advantages and disadvantages direct-indirect foreign

What are some advantages and disadvantages of the different types of direct and indirect foreign investments? Does direct or indirect foreign investment always lead to risk reduction?

  Explain the term structure of interest rates

One method used to obtain an estimate of the term structure of interest rates is called bootstrapping. Suppose you have a one-year zero coupon bond with a rate of r1 and a two-year bond with an annual coupon payment of C

  Calculate the amount for investment

A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount every year into an investment account that earns 8 percent interest per year, beginning on the day your child i..

  What do you think georgios korres should do to secure

What do you think Georgios Korres should do to secure the capital he needs to grow Korres Natural Products?

  Would this proposal eliminate the exchange rate risk

Using the information in the previous question, consider a proposal to price the exports to Mexico in U.S. dollars and use the U. S. source for raw materials. Would this proposal eliminate the exchange rate risk? Why or why not?

  What is your average federal tax rate

What is your average federal tax rate? (What percent of your gross income is lost via taxes?)

  Computing today investment amount

John Hsu desires to start the business in 10 years. He hopes to have $100,000 at that time to invest in the business. How much will he have to invest today to acomplish his target?

  Find the future value of these cash flows.

FV of multiple cash flows: Stiglitz, Inc., is expecting the following cash flows starting at the end of the year-$113,245, $132,709, $141,554, and $180,760. If their opportunity cost is 9.6 percent, find the future value of these cash flows.

  How many phones sold to achieve breakeven point

Fixed manufacturing costs total $1,180 per month, while fixed selling and administrative costs total $2,240. How many phones must be sold to achieve the breakeven point?

  Questions based on bond valuation and dps

Questions based on Bond Valuation and DPS - What interest rate would you earn if you bought this bond at the offer price?

  What was the most recent dividend per share paid on stock

If the company maintains a constant 5.75 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

  Explain valuation of bond for different ytms

Explain Valuation of bond for different YTMs compute the current price of the bonds if the present yield to maturity is 6 percent and 12 percent

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd