The Production of Lead Is a Two Step Process

question 46

Multiple Choice

The production of lead is a two step process:
2 PbS(s) + 3 O₂(g) 2 PbO(s) + 2 SO₂(g)
2 PbO(s) + C(s) 2 Pb(l) + CO₂(g)
How much ore that is 5.2% PbS is necessary to produce 12.0 kg of Pb?

• A)0.721 kg
• B)200 kg
• C)2.67 kg
• D)133 kg
• E)267 kg

---

Definitions:

GAAP

Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Asset Approach

A valuation method that estimates a company's value based on the total value of its assets minus its liabilities.

Liability Approach

A method in accounting that emphasizes recording all financial liabilities at their current value to ensure accurate financial reporting.

Deferred Income Tax Asset

A financial statement item that refers to taxes that have been accrued but not yet paid, which is considered a company asset because it indicates future tax payments that are lower than the current tax expense.