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loris [4]
2 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]2 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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Pronghorn Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures we
Leokris [45]

Answer:

The interest rate for capitalization purposes will be of 11%

Explanation:

The company will average all the debt oustanding during the year

1,050,550  x 13%   =     136,571.5

2,080,800 x 10%   =   208,080

<u>3, 831,200</u>  x  11%   = <u>  421, 432  </u>

6,962,550‬                 766,083.5

a debt of 6,962,550 dollars generates 766,083.5 dollars of interest:

principal x rate = interest

rate = interest / principal

766,083.5 / 6,962,550 = 0,110029 = 11%

4 0
3 years ago
Pick a product of your choice and to trace the channel(s) of distribution for that product as far back as is feasibly possible.
Sergeu [11.5K]
It will the participants candidates
5 0
3 years ago
A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. Th
k0ka [10]

Answer:

a. repositioned product

Explanation:

A company well-known for its easy-to-cook breakfast cereals was facing stiff competition from the many players in the market. The company changed its campaign to focus on dietary needs rather than just convenience, thus targeting a segment of consumers looking for healthy diet. This is an example of a repositioned product

Product Repositioning refers to a major change in target market's understanding of the product or the brand.

Repositioning a product, means the firm has to change customers view of the product to reflect new benefits.  

Usually businesses reposition a product due to declining performance as a result of stiff competition or due to major shifts in the environment.

4 0
3 years ago
A company has 100 million shares outstanding trading for $8 per share. It also has $900 million in outstanding debt. If its equi
devlian [24]

Answer: :)

Explanation: :)

3 0
3 years ago
A​ $100 deposit today that earns an annual interest rate of​ 10% is worth how much at the end of two​ years? assume all interest
Alexxx [7]
Fv=100×(1+0.1)^(2)=121
6 0
3 years ago
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