{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T01:10:30-04:00", "answer_date": "2024-06-06 01:10:30", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2329847", "url": "\/study-help\/questions\/a-silver-mine-can-yield-18000-ounces-of-silver-at-2329847", "question_creation_date_js": "2024-06-06T01:10:30-04:00", "question_creation_date": "Jun 06, 2024 01:10 AM", "meta_title": "[Solved] A silver mine can yield 18,000 ounces of | SolutionInn", "meta_description": "Answer of - A silver mine can yield 18,000 ounces of silver at a variable cost of $38 per ounce. The fixed costs of operating the | SolutionInn", "meta_keywords": "silver,yield,18,000,ounces,variable,cost,$38,per,ounce,fixed,costs,operating", "question_title_h1": "A silver mine can yield 18,000 ounces of silver at a variable cost of $38 per ounce. The fixed costs of operating the mine are", "question_title": "A silver mine can yield 18,000 ounces of silver at a variable", "question_title_for_js_snippet": "A silver mine can yield 18,000 ounces of silver at a variable cost of $38 per ounce The fixed costs of operating the mine are $45,000 per year In half the years, silver can be sold for $54 per ounce in the other years, silver can be sold for only $27 per ounce Ignore taxes a What is the average cash flow you will receive from the mine if it is always kept in operation and the silver always is sold in the year it is mined (Do not round intermediate calculations ) Average cash flow$ b Now suppose you can shut down the mine in years of low silver prices Calculate the average cash flow from the mine Assume fixed costs are incurred only if the mine is operating (Do not round intermediate calculations ) Average cash flow$", "question_description": "\"image

A silver mine can yield 18,000 ounces of silver at a variable cost of $38 per ounce. The fixed costs of operating the mine are $45,000 per year. In half the years, silver can be sold for $54 per ounce; in the other years, silver can be sold for only $27 per ounce. Ignore taxes.<\/p>

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a.<\/strong>What is the average cash flow you will receive from the mine if it is always kept in operation and the silver always is sold in the year it is mined? (Do not round intermediate calculations.)<\/strong><\/p>

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Average cash flow$ <\/p>

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b.<\/strong>Now suppose you can shut down the mine in years of low silver prices. Calculate the average cash flow from the mine. Assume fixed costs are incurred only if the mine is operating. (Do not round intermediate calculations.)<\/strong><\/p>

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Average cash flow$ <\/p>\"image", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "9781119158226, 111915801X, 1119158222, 978-1119158011", "edition": "6th edition", "authors": "James Jiambalvo", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1327.jpg", "uri": "\/textbooks\/managerial-accounting-6th-edition-1327", "see_more_uri": "" }, "free_related_book": { "isbn": "1334803285", "uri": "\/textbooks\/comprehensive-health-care-reform-the-need-for-action-1st-edition-978-1334803284-310498", "name": "Comprehensive Health Care Reform The Need For Action", "edition": "1st Edition" }, "question_posted": "2024-06-06 01:10:30", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/assume-a-bank-loan-requires-an-interest-payment-of-85", "description": "Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loans eight-year life. a. 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