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Brut [27]
4 years ago
9

Imagine you are the owner of a natural gas company. you can either extract as much of the resource as fast as possible or delay

extraction until a future time. projections indicate that consumers will use more natural gas in the future even though the resource is becoming scarce, and therefore a higher price for natural gas is anticipated for the future. what would you do in the present
Business
1 answer:
krek1111 [17]4 years ago
3 0

Answer: Given the options of either extracting now, or extracting in future when gas prices would be higher, extraction in the future is the better option.

Explanation: Since projections have shown that the demand for natural gas will increase in the future, leading to a higher price for the resource, it will make more economic sense to delay or limit extraction now and extract more in the future when the price would have been higher.

By doing so, the revenue gotten will increase and Gas company will by that time control a major market share.

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What is the best answer choice
Scrat [10]
The answer to that would be B.
3 0
3 years ago
On October 1, 2018, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5
iris [78.8K]

Answer:

correct option is a. decrease by $80,000

Explanation:

given data

stock dividend = 10%

common stock = $5

Chief = 80,000 shares

market value = $10

to find out

Chief's retained earnings will

solution

here retaining earning will be decrease by the maount of stock dividend that is

retaining earning = $80,000 × 10 % × $10

retaining earning = $80,000 × 0.10 × $10

retaining earning = $80000

so here correct option is a. decrease by $80,000

4 0
3 years ago
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ololo11 [35]

Answer:

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Explanation:

Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.

4 0
3 years ago
Which of the following is incorrect regarding the basic accounting equation?
tekilochka [14]

Considering you accidently messed up the question, Could you give me a brainliest?

3 0
3 years ago
Is monthly rent a fixed expense?
Vikki [24]

Answer:

The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis.

Hope this helps, have a wonderful day/night, and stay safe!

3 0
3 years ago
Read 2 more answers
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