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Vsevolod [243]
4 years ago
15

Which Texas regulatory board, established in 1891, is considered one of the most powerful state regulatory bodies in the United

States because of its powers over the petroleum industry?
Business
1 answer:
Vesnalui [34]4 years ago
4 0

Answer:

The Texas Railway Commission

Explanation:

The Texas Railway Commission is an agency of the state of Texas. Headquartered in Austin, William B. Travis State Office Building. In Texas, the commission regulates the oil industry, the liquefied petroleum gas industry, coal mining and uranium mining. It had been supervising the railways until October 1, 2005, which was undertaken by the Texas Department of Transportation. It is the oldest regulator in the United States, established in 1891 according to the Texas State Legislative Council. From 1930, he established the international oil price until he was displaced by the Organization of Petroleum Exporting Countries (OPEC) in 1973. In 1984, the federal government gained competence in transportation and regulation of railways, trucks and buses, but continued to be called the Texas Railway Commission. With an annual budget of $ 79 million, its management focuses entirely on oil, gas, mining, LPG, oil and gas pipelines.

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8. Why is the failure of a large bank more detrimental to the economy than the failure of a large steel manufacturer?
zysi [14]

Answer:

Following are the responses to the given question:

Explanation:

Banks are just an integral aspect of an economy's flow of money. When a big steel factory fails, jobs and GDP will be lost, yet financing inside the economy would not be available because of the main banking collapse in decrease its availability of credit throughout the industry, a large bank is unable to do even more damage to the economy than a huge metal fabricator.

7 0
3 years ago
Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service
defon

Answer:

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

Cr Sales Revenue $1,846

Oct 15

Dr Cash $400

Dr Unearned Service Revenue $554

Cr Service Revenue $554

Cr Accounts Receivable $400

Explanation:

Preparation of the journal entries for Geraths in 2020.

July 1

No Entry

Sep 1

Dr Cash $2,000

Dr Accounts Receivable $400

($2400-$2000)

Dr Cost of goods sold $1,100

Cr Inventory $1,100

Cr Unearned Service Revenue $554

($600/$600+$2000*$2400)

Cr Sales Revenue $1,846

($2,000/$600+$2000*$2400)

Oct 15

Dr Cash $400

($2400-$2000)

Dr Unearned Service Revenue $554

Cr Service Revenue $554

($600/$600+$2000*$2400)

Cr Accounts Receivable $400

($2400-$2000)

5 0
3 years ago
The brake pedal is low and spongy ; all brake adjustments have been completed according to specifications.the cause of the probl
Aleksandr-060686 [28]
The problem could most likely be a weak hydraulic brake hose.
A weak hydraulic brake hose could cause a spongy pedal. As the pressure builds in the system, the hose may expand and not relay  the pressure to the brake units.
6 0
4 years ago
Whats the best pump to bring drinking water from a depth of 20'​
Ulleksa [173]

Answer:

<em>If less than 25’, use a shallow well jet pump</em>

Explanation:

A typical well water system lifts water from an underground well and delivers it to a storage tank where it’s pressurized and stored until it’s needed. Most pumps are electric and use suction to draw the water through pipes.

A motorized jet pump assembly includes the pump that moves the water from the wall and a motor to dive the pump. It’s often paired with a pressure tank, which evens out the water throughout the home.

4 0
3 years ago
Which of the following correctly explains how banks began in Italy and England? a. Monarchs were the first bankers, lending out
Artyom0805 [142]

Answer:

Goldsmiths were the first bankers, and the paper receipts they issued for gold held on deposit became valued as money.

Explanation:

Italian goldsmiths were the first bankers in the world, even the name bank derives from the Italian "banca". Since they had safe vaults, they kept the gold savings from their rich clients, and they started to lend money to other people who needed it. They developed the fractional reserve system because they were able to actually lend more money than the amount of gold that they had in their vaults.

London goldsmiths followed a similar path and they added their own inventions, the check or "cheques" and money transfers.

8 0
4 years ago
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