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3 years ago

If the price of oil rises around the world what will happen to oil production in texas

1 answer:

6 0

Texas will produce less oil because when the price rises, buyers want less because the price is too high. There might even be an exploration in the Golf of Mexico and justification for pumping water pressure into old wells to get remaining oil.

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Bedekar, Inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. If this issue cu

Ainat [17]

Answer:

i=4.84%

Explanation:

the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:

$Value=\frac{1}{i-k}$

where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have

k=3.4/91

k=3.74%

and solving i for the previous formula:

$91=\frac{1}{i-0.0374}$

$0.01098={i-0.0374}$

$i=4.84\%$

8 0

2 years ago

Suppose the United States has a Gini coefficient of 0.4 and Sweden has a Gini coefficient of 0.25. Which of the following statem

yarga [219]

The correct answer is C

6 0

3 years ago

A company has a cash balance in their general ledger of "$4,000". On the bank statement they just received they see the followin

Oliga [24]

Current balance in the general ledger cash account is $5,320

Explanation:

General ledger

Opening balance $4,000

(Add)

A note collected by a customer $1,000

interest collected by a customer $40

NSF check from a customer $300.

------------------

$5,340

(Less) bank service charges $20

---------------

Balance in the general ledger

cash account is $5,320

current balance in the ledger cash account =

( $4,000+ $1000+ $40+ $300- $20= $5320)

$( $4,000+ $1000+ $40+ $300- $20= $5320)$

3 0

3 years ago

Put the phases of the business cycle in the correct order in which they follow a recession.first phase depression recovery boom

Mama L [17]

Answer:

Depression, Recovery, Boom and Recession

Explanation:

A business cycle shows the increase and decrease in Gross Domestic Product (GDP) of the natural growth rate of a country's economy. This involves, employment, wages, productions, investments, prices and credits. The stages of business cycle include, expansion, peak, recession, trough and recovery.

Expansion shows the boom in economy growth rate. A positive increase in employment, productions, incomes, wages, demand, supply and profits happens at this stage.

Depression shows the decline in a country's economic growth. It results in high rate of unemployment.

Peak is the stage where a country's economy rises. It involves increase in the economy's growth rate.

Recession is the stage where there is rapid and steady decline in the demands for good and services.

Trough shows how an economy's growth rate decreases. At this stage, banks do not lend out money.

Recovery involves change from negative to positive economic growth rate. The economy continues to improve until it stabilizes.

6 0

3 years ago

Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process are referred

Vlad [161]

Answer:

Period costs

Explanation:

Period costs are Costs that are incurred in generating revenues during the period, but are not involved in the manufacturing process. These cost are not related directly to the production process. These costs cannot be capitalized on the company's balance sheet. They are expensed in the period in which they were incurred and are included in the financial statement during their assigned accounting period.

5 0

3 years ago