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
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
A cost is that the price of cash that has been spent on manufacturing one thing or providing a service and is so not accessible to be used. In business, may be a buying deal cost, during which case the money spent to accumulate it's counted as a price. cash is that the input that's wont to acquire the item during this state of affairs. This acquisition price may well be the add of the first producer's production expenses and any further group action prices incurred by the acquirer over and on the far side the number paid to the producer. A ratio over the value of production is typically enclosed within the valuation.
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