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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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Presented below is the income statement of Cowan, Inc.: Sales revenue $372,700 Cost of goods sold 221,800 Gross profit $150,900
KATRIN_1 [288]

1-                

                Cowan Inc

       Statement of Cash Flows (Partial)

            (Indirect Method)

Cash flows from Operating Activities  

Net Income                                                                       43200

Adjustment to reconcile

net income to net cash

provided by operating activities:  

Increase in accounts receivable                      (22000)  

Decrease in Inventories                                   18600  

Decrease in salaries payable

(Operating expenses)                                        (8700)        

Increase in accounts payable                            13700  

Decrease in income taxes payable                    (2700)  

Depreciation expense                                       16700  

Increase in deferred tax liability                         4200       19800

Net cash provided by operating activities                       63000

2-

               Cowan Inc

      Statement of Cash Flows (partial)

             (Direct Method)

Cash Flows from Operating Activities:  

Cash Received from Customers (372700-22000)            350700

Cash paid to suppliers (221800-18600-13700)       189500  

Operating Expenses Paid (80800+8700-16700)    72800  

Taxes Paid (26900+2700-4200)                           25400    287700

Net cash provided by operating activities                      63000

5 0
3 years ago
Supply curves tend to be
Blababa [14]
Maybe the answer is b
8 0
3 years ago
Which one of the following occupations is more likely to receive a compensating wage?
frosja888 [35]

Answer:

The correct answer is letter "C": high rise window washer.

Explanation:

Compensating wages or compensating wages differentials are incentives given to employees so they can accept undesired or risky jobs. It is one of the most common ways to motivate employees to accomplish tasks regular workers would not be willing to perform.

In that case, <em>high-rise window washers</em> are exposed to elevated distances to perform their duties. They are most likely to receive compensating wages to motivate them to keep doing their jobs even of the height conditions.

8 0
4 years ago
Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, a
kondaur [170]

Answer:

c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.

Explanation:

Globalization of markets occurs when different markets in the world are integrated and merged into just one market when similar tastes, preferences, norms, convenience and values are identified which facilitate a gradual change in culture towards the use of similar commodities.

The the sale of the same pillows worldwide by the U.S.-based pillow company, Fluffy Pillows, is a good example of globalization of markets .This is because the company has been able to integrate and merger all the pillow markets in the world to just one and has therefore facilitated a gradual change in tastes and preferences for its pillow making the use of the same pillow possible worldwide.

I wish you all the best.

7 0
3 years ago
Read 2 more answers
Residents of the town of Smithfield like to consume hams, but each ham requires 10 people to produce it and takes a month. If th
Hunter-Best [27]

Answer:

10 hams

Explanation:

It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.

So, residents can consume maximum 10 hams (same amount as produced) in a month.

4 0
3 years ago
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