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loris [4]
3 years ago
11

In some states, mining companies are deemed to own not only the minerals but also the space the minerals occupied before they we

re removed, thereby earning the distinction of ownership states. However, when the owner of an oil or gas well is able to claim all that is pumped from it, regardless of whether the oil or gas migrated from adjacent property, this is referred to as a ________ state.
Business
1 answer:
Genrish500 [490]3 years ago
7 0

Answer:

The correct answer is: Law of capture.

Explanation:

The Law of capture is an original British common law adopted by many states in the U.S. that allows individuals who find resources like groundwater, oil, and gas to extract them as much as they can. The rule also states that the first individual extracting those resources is the one that owns it.

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According to which concept, all expenses incurred to earn revenue of a particular period should be charged against that revenue
saveliy_v [14]
According to which concept, all expenses incurred to earn revenue of a particular period should be charged against that revenue to determine the net income

Answer : Matching Concepts
6 0
2 years ago
As the Product Life Cycle curve approaches the decline state, a company can attempt to jumpstart the curve again by doing which
ExtremeBDS [4]

Answer:

correct answer is a. Find new users and new uses

Explanation:

As Product Life Cycle curve approach decline state

so company jump start by doing Find new users and new uses for the product help to attract the new target market and with the help of new style to product and usages so that it can increase sale and profits

and that company can do by change the element of its marketing mix as some excellent product last long in market that full fill to trends

so here correct option is a. Find new users and new uses

7 0
3 years ago
On January 1, 2020, Swifty Corporation granted an employee an option to purchase 15000 shares of Swifty's $5 par value common st
nalin [4]

Answer:

For 2021, should recognize compensation expense under the fair value method of $170,500

Explanation:

According to the given data we have the following:

option pricing model determines total compensation expense to be $341,000

Also, The option became exercisable on December 31, 2021, after the employee completed two years of service.

Therefore, in order to calculate the amount should recognize compensation expense we would have to make the following calculation:

amount should recognize compensation expense=$341,000/2

amount should recognize compensation expense=$170,500

For 2021, should recognize compensation expense under the fair value method of $170,500

6 0
3 years ago
Streamlining information encompasses all of the information contained within a single business process or unit of work, and its
NARA [144]

Answer:

  • False

Explanation:

Transaction details encompasses all of the details comprises within a single business procedure or unit of work, its main purpose is to brace the performing of day to day operational or structured conclusions.

6 0
3 years ago
Current Year Prior Year Accounts payable, end of year $ 4,603 $ 8,548 Accounts receivable, net, end of year 18,685 15,726 Invent
solong [7]

<em>Find the given attachments for the complete solution</em>

<em />

8 0
4 years ago
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