What is the profit or loss associated with copper

Assignment Help Financial Management

Reference no: EM131065110

Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 63,100 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: EM131065110

Questions Cloud

What is the effective interest rate on the loan : Gulliver Travel Agencies thinks interest rates in Europe are low. The firm borrows euros at 13 percent for one year. During this time period the dollar falls 12 percent against the euro. What is the effective interest rate on the loan for one year?

Calculate the expected rate of return on risk-free portfolio : Suppose that many stocks are traded in the market and that it is possible to borrow at the risk-free rate, rƒ. The characteristics of two of the stocks are as follows: Stock Expected Return Standard Deviation A 9 % 45 % B 13 % 55 % Correlation = –1 a..

Principal refers to funds the firm can effectively utilize : Carey Company is borrowing $225,000 for one year at 9.5 percent from Second Intrastate Bank. The bank requires a 15 percent compensating balance. The principal refers to funds the firm can effectively utilize (Amount borrowed − Compensating balance).

What are employee stock options : What are employee stock options? How do they work? Describe the use of stock options in compensation plans, and comment on how the granting of options attempts to influence managerial behavior.

What is the profit or loss associated with copper : Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 63,100 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce and copper sells for $..

What is the maximum allowable tensile force tallow : If a factor of safety of 3.0 against Euler buckling in the plane of the figure is desired, what is the maximum allowable tensile force Tallow in the cables?

What is the expected return on the market portfolio : Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected return required by the market for a portfolio with a beta of 1 is 8.0%. According to the capital asset pricing model: What i..

What is the highest possible beta estimate for the project : You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After-Tax CF 0 –20 1–9 10 10 20 The project's beta is 1.7. Assuming rf = 9% and E(rM)..

Expectations regarding the stock market : Suppose your expectations regarding the stock market are as follows: State of the Economy Probability HPR Boom 0.2 34% Normal growth 0.3 19 Recession 0.5 –14 Picture Use above equations to compute the mean and standard deviation of the HPR on stocks.

User Account

All Pages