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Lady bird [3.3K]
3 years ago
5

Ryan, a successful entrepreneur, is planning to get into the petroleum business. He has bought two jack-up rigs running into mil

lions of dollars to start the business. What type of product are these rigs examples of?
Business
1 answer:
Kazeer [188]3 years ago
8 0

Answer: Installations

Explanation: Setting up installations would help Ryan start up his proposed petroleum business. Installations are defined as things installed or set up, especially the whole of a system of machines, apparatus, and accessories, when set up and arranged for practical working, as in electric lighting, transmission of power, and in this instance, the jack-up rigs Ryan bought to start the business.

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Which of the following accurately describes a capital gain
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An increase in value of an investment

Explanation:

If you are referring to the question:

Which of the following accurately describes a capital gain?

a. An increase in the value of an investment.

b. An u p w a r d trend in prices.

c. A rise in the standard of living.

Capital gain refers to the increase or rise in value of capital assets. Capital assets are things like real estate, cars, investments, and the like. It basically means that what you bought or invested in would be worth more than its purchasing price when sold. Of course, the gain does not occur until you sell it.

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Who is pressuring Mr. Patil to
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This Question Isnt specifying if there is someone else involved with the Pressuring

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A company manufactures and sells a product for $124 per unit. The company's fixed costs are $72,760, and its variable costs are
exis [7]

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The break even point in units is 2,425.33.

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Check the explanation

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