3. Black Ridge Refining extracts minerals from ore mined at two different sites in Utah. Each ton of ore type 1 contains 15% copper, 20% zinc and 15% magnesium. Each ton of ore type 2 contains 25% copper, 25% zinc and 10% magnesium. Ore type 1 costs $90 per ton and ore type 2 costs $120 per ton. Black Ridge would like to buy enough ore to extract at least 8 tons of copper, 6 tons of zinc, and 5 tons of magnesium in the least costly manner. a. Formulate a spreadsheet model and use Solver to solve this LP problem. Copy and paste model below. a. Based on the sensitivity report, how much would it cost the company to get one more ton of copper

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Profits from using currency options and futures. on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda. com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.