Case 11: Southport Minerals‚ Inc. 1. What did Southport Minerals confront in 1964? Did the Firstburg investment opportunity fit well with Southport’s needs in 1970? Southport confronted a period of tightening supplies and rising sulfur prices which lead to a sharp increase in profitability for the company. Profit after tax had jumped from $12.8 million in 1963 to $15.3 million in 1964 increasing its EPS to 1.00 a share while still maintaining a dividend of .60 a share while actually lowering
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Vitamins and minerals :are often called micronutrient because body needs only small amount of them. Vita-life Amine-containing nitrogen • Vitamins are the organic compounds which enhance the metabolism of proteins‚ carbohydrates and fats. • Without vitamins the breakdown of food could not occur. • vitamins are participate in the formation of blood cells hormones nervous system and genetic material Classification of vitamins: Fat soluble vitamins ‚ *Water soluble vitamins Fat soluble
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you have performed the audit in accordance with its constitution. The financial report is prepared by another firm of accountants on behalf of Food Fund’s board of directors‚ because Food Fund does not have the in-house expertise to perform his function. During your review of the internal control structure‚ you noted that the company did not have sufficient controls over the collection of income to enable you to be satisfied that all income received were recorded. However‚ you have been satisfied
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is $6 per unit‚ and the profit for product 2 is $4 per unit. a. Formulate a linear programming model for this problem. b. Solve this model by using graphical analysis. 6) The Pinewood Furniture Company produces chairs and tables from two resources-labor and wood. The company has 80 hours of labor and 36 pounds of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 pounds of wood‚ whereas a table requires 10 hours of labor and 6 pounds
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and so forth‚ are the same as for month 4‚ except that through the implementation of Lean Production‚ the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE. b. Assume that in month 6 the move time‚ process time‚ and so forth‚ are the same as for month 4‚ except that the company is able to
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Community Environment Issue SCI/275 Community Environment Issue The Bay Area is a designated region in Northern California that contains popular cities such as San Francisco and San Jose‚ which are well known in the global community as breeding grounds for some of the greatest innovations. With the Bay Area being one of the most productive and populated places in California and even the United States‚ most of its residents work in these cities and are constantly struggling to afford housing
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Question : What factors are used in determining a person’s FICO score? Student Answer: Outstanding debt Length of credit history past payment history all of the above Points Received: 2 of 2 Comments: Question 2. Question : What new debt instruments compete for funds with government bonds‚ corporate bonds‚ and stocks that are low risk securities that have higher yields than comparable government bonds and attract funds from around the
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Mineral Exploration Mineral exploration is the initial stage of the mining cycle. It is a sequential process of information gathering that assesses the mineral potential of a given area. In simple words it is the search for mineral deposits. The reason of exploration is to trace a new source of metal or useful minerals. This includes industrial minerals like silica or clay minerals‚ metals like iron‚ lead‚ zinc‚ etc.‚ and precious metals and gemstones like gold and diamonds. Types of Mineral Exploration
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All minerals have four properties: 1. All minerals are naturally occurring 2. All minerals are inorganic (that means non-living) 3. A different chemical formula can be written for each mineral and that formula is constant for that mineral. ex. Galena is PbS- that is it has one lead atom (Pb) and one sulfur (S) atom in each molecule. 4. Most minerals have an unique crystalline shape given the right growing conditions (like in a cave). Compounds are substances that has two or
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Mineral oil is most commonly put to use in our daily lives as baby oil‚ which has a fragrance added to it. It is clear‚ odorless and colorless. It is formed as a by-product during the distillation of petroleum from crude oil‚ to produce gasoline and other petroleum-based products. It is produced in very large quantities and is inexpensively available in drug stores. Due to its easy availability and low value‚ it is put into use in a wide range of avenues. As a Laxative Doctors often recommend
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