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nasty-shy [4]
4 years ago
8

Although other countries are finding non-traditional oil reserves and establishing methods of extraction to retrieve them, who i

s still the king in proven oil reserves?
Business
1 answer:
EleoNora [17]4 years ago
8 0
I think the correct answer would be Saudi Arabia. Though, a lot of countries are trying to find for alternative oil reserves and research on different extraction methods it is still the said country who supply a large amount of oil in many countries. Hope this helps.
You might be interested in
Multinational corporations are also referred to as ______.
ohaa [14]
 <span>Multinational corporations are also referred to as </span>transnational corporations. Hope this helps!!
7 0
3 years ago
The following is a list of various costs of producing T-shirts. Classify each cost as either a variable, fixed, or mixed cost fo
iren2701 [21]

Solution :

a. Ink used for screen printing   ---  Variable

b. Warehouse rent of $8,000 per month plus $0.50 per square foot of storage used   ---   Mixed

c. Thread  ---   Variable

d. Electricity costs of $0.038 per kilowatt-hour  ---   Variable

e. Janitorial costs of $4,000 per month   ----  Fixed

f. Advertising costs of $12,000 per month  ----  FIXED

g. Accounting salaries   ---    FIXED

h. Color dyes for producing different colors of T-shirts   -----  Variable

i. Salary of the production supervisor   ----   FIXED

j. Straight-line depreciation on sewing machines    -----     Fixed

k. Salaries of internal pattern designers   -----   FIXED

l. Hourly wages of sewing machine operators    ------    Variable

m. Property taxes on factory, building, and equipment  -----    Fixed

n. Cotton and polyester cloth   ----    VARIABLE

o. Maintenance costs with sewing machine company (the cost is $2,000 per year plus $0.001 for each machine hour of use.)   ---- Mixed

6 0
3 years ago
f an agent indulges in commingling, she _____. Select one: a. most likely will not be liable for loss to the principal b. violat
tatyana61 [14]

<u>Answer:</u>Option D

<u>Explanation:</u>

Commingling means the money of various investors are pooled together to trade with securities. This is usually done by the agents who acts as the investment managers they collect money from various investors and put it together as single fund. The advantages of this method are the fees is lower.

Some people indulge in illegal activities of combining investors money with their personal money. This helps the agents to invest large funds by pooling in funds. Any risk on the principal amount has to be borne by the agent.

4 0
3 years ago
uppose you buy a bond with a coupon of 7.8 percent today for $1,080. The bond has 5 years to maturity. Assume interest payments
Mariulka [41]

Answer:

45.58%

Explanation:

Rate of return is the expected gain or loss on an investment, over a specific time period. It is derived as a percentage of the investment's original value or cost.

ROR = [CV - IV]/ IV × 100

CV is the current value of the investment (value at the end of the investment period)

IV is the initial value of the investment.

Note also, the assumption that interest payments are reinvested.

At the end of year 1, interest payment is $1,164.24

End of year 2 - $1,255.05

End of year 3 - $1,352.95

End of year 4 - $1,458.48

End of year 5 - $1,572.24

[Interest rate - 7.8%]

ROR = (1572.24 - 1080)/1080 × 100

ROR = 45.58%

5 0
4 years ago
Jacob Co. sells merchandise on credit to Isaiah Co. for $8,600. The invoice is dated on May 1 with terms of 1/15, net 45. What i
Kryger [21]

Answer:

The discount is for $86

It will be available until May 16th

Explanation:

the credit terms are 1/15, net 45

the first numebr is the discount amount, 1%

the second number is the days after billing this discount option is active, 15

net 45 means the customer can pay the nominal 8,600 within a 45 days period. After that it should renegociate the bill

The discount will be 8,600 x 1% = 8,600 x 0.01 = 86

It will be available up to 15 days after billing:

May 1st + 15 days = May 16th

4 0
3 years ago
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