Go Back   The Finance Forums > Finance forums > Homework



Homework Get help with your finance related homework.

Reply
 
Thread Tools
  #1  
Old 01-30-2011, 07:43 PM
acm0919 acm0919 is offline
Junior Member
 
Join Date: Jan 2011
Posts: 1
Default Added Benefit (cost) ?

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 currently have 10,000 Bbls of WTI crude, the added benefit (cost) to you if you take the trade is closest to:
A) ($1,400)
B) $1,400
C) ($3,908)
D) $3,908
Reply With Quote

Old Sponsors
  #2  
Old 02-11-2011, 01:56 AM
usuf usuf is offline
Junior Member
 
Join Date: Feb 2011
Posts: 3
Default Re: Added Benefit (cost) ?

b) i think i just need to increase my posts -.-
Reply With Quote

Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



» Boards




All times are GMT -4. The time now is 09:36 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.