Question: A company decides to close down its plastics division. It has on hand 21 tons of styrene monomer, a raw material that has a market
A company decides to close down its plastics division. It has on hand 21 tons of styrene monomer, a raw material that has a market price of $700 per ton, which had been originally purchased at $650 per ton. Given that the company has no use for the styrene monomer, and that it would cost the company $5,500 to store it, what is the value of the 21 tons of styrene monomer to the company? urto A. $13,650 B. $0 OC - $5,500 OD. $14,700 OS Ing
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