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Sep-ORE-ation of a Mixture Lab

Sep-ORE-ation of a Mixture Lab. Background Information. Ore. A mixture of substances physically combined. Ores can be mined from the earth. Companies separate ores into their useful components. Wisconsin – Lead & Zinc. Britain – Galena & Gold. Indonesia – Gold & Platinum.

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Sep-ORE-ation of a Mixture Lab

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  1. Sep-ORE-ation of a Mixture Lab Background Information

  2. Ore • A mixture of substances physically combined. • Ores can be mined from the earth. • Companies separate ores into their useful components.

  3. Wisconsin – Lead & Zinc

  4. Britain – Galena & Gold

  5. Indonesia – Gold & Platinum

  6. Sea Floor – Manganese

  7. Lunar Sample – Iron & Nickel

  8. Alta’ameem Meteorite, Iraq

  9. Your Ore • Iron • Salt • Sand • Wood Shavings

  10. Expenditures • These are your costs. • Everything that you spend money on. • All equipment rentals, purchases, & fines.

  11. Gross Profit • The total amount of money you earn by selling your separated components to the teacher.

  12. Net Profit • The amount of money you have left over after you subtract your expenditures. • This is the actual amount of money that you end up with.

  13. “In the BLACK” • This means that your company is making money. • If your gross profit is greater than your expenditures, then you end up with money left over.

  14. “In the RED” • This means that your company owes money. • If your gross profit is less than your expenditures, then you do not have enough money to pay your bills.

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