Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

In a trade with the government of an oil producing nation, a manufacturer will deliver 1313 Caterpillar D9 tractors, with a value of $330,000 per

In a trade with the government of an oil producing nation, a manufacturer will deliver 1313 Caterpillar D9 tractors, with a value of $330,000 per tractor, and receive 45000 barrels of oil, valued at $ 117 per barrel. What is the net benefit of this trade to the manufacturer.

A $585,000

B. $780,000

C. $975,000

D. $ 1, 170, 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

97. Use the conditional variance formula to find the variance of a geometric random variable.

Answered: 1 week ago

Question

★★★★★

Complete the following chart, indicating the comparative attributes of the typical trust and estate by answering yes/no or explaining the differences between the entities where appropriate. Attribute...

Answered: 1 week ago

Question

★★★★★

On January 1, Year 1, Young Company issued bonds with a face value of $110,000, a stated rate of interest of 12 percent, and a 10-year term to maturity. Interest is payable in cash on December 31 of...

Answered: 1 week ago

Question

★★★★★

How do ineffective meetings affect the workplace? Multiple select question. They create better career opportunities. They create conflict and disagreement. They make participants less productive....

Answered: 1 week ago

Question

★★★★★

Twenty movies were released over a particular summer and their MPAA ratings (G, PG, PG-13, R) are given in the table below. G G G PG PG PG G G G G PG G G PG PG13 PG G R PG13 G a) Complete the...

Answered: 1 week ago

Question

★★★★★

Joaquin goes for a job interview and is surprised that the interviewer asks him about his personal standards regarding how he would handle certain situations. He expected that the focus would be on...

Answered: 1 week ago

Question

★★★★★

1. A particle moves with amplitude A and period T, as shown in the figure. Express the following in terms of A and T and numerical constants (if necessary). (3 marks) M T A a. The time at which the...

Answered: 1 week ago

Question

★★★★★

Using this ER-Diagram, write an SQL Statement using CONSTRAINTS command and show atleast 1 data of the database. Write down below the SQL Statements and commands that was used. PDiagnosis PAddress...

Answered: 1 week ago

Question

★★★★★

1. (a)(i) What problem has been brought about by uncontrolled mining of minerals in Kenya? (ii) Where is fluorspar mined in Kenya? (iii) Describe how trona is mined and processed in Magadi (b) (i)...

Answered: 1 week ago

Previous Question Next Question