Required information Pure gasoline has an energy density of 15.600 BTU per galon, while ethanol has an energy density of 75.670 BTU per galon Gasoline costs $2.5 per galon what would the price of EB5 (85% ethanol, 15% gasoline) have to be for its energy cost to be the same as that ore gasoline? The price of EBS is determined to be $

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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MN.32.

 

Required information
Pure gasoline has an energy density of 115.600 BTU per galon, while
galon Gasoline costs $2.5 per gallon
What would the price of EB5 (85% ethanol, 15% gasoline) have to be for
The price of ESS is determined to be $[
energy density of 75.670 BTU per
be the same as that of pure gasoline?
Transcribed Image Text:Required information Pure gasoline has an energy density of 115.600 BTU per galon, while galon Gasoline costs $2.5 per gallon What would the price of EB5 (85% ethanol, 15% gasoline) have to be for The price of ESS is determined to be $[ energy density of 75.670 BTU per be the same as that of pure gasoline?
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