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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

Sep-ORE-ation of a Mixture Lab

Background Information

slide2
Ore
  • A mixture of substances physically combined.
  • Ores can be mined from the earth.
  • Companies separate ores into their useful components.
your ore
Your Ore
  • Iron
  • Salt
  • Sand
  • Wood Shavings
expenditures
Expenditures
  • These are your costs.
  • Everything that you spend money on.
  • All equipment rentals, purchases, & fines.
gross profit
Gross Profit
  • The total amount of money you earn by selling your separated components to the teacher.
net profit
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.
in the black
“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.
in the red
“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.