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Liono4ka [1.6K]
4 years ago
14

Jill Parker owns​ 2,000 acres of ranchland in Iowa.​ Recently, a supply of natural gas was discovered on her property. Not knowi

ng much about the marketing​ environment, she asks you what she should do. Which of the following is the BEST​ advice?
A. Jill should focus on negotiating with a local gas company for personal consumption.
B. Jill should focus on ranching and ignore trying to commercialize or sell the natural gas.
C. Jill should focus on the business market and license the natural gas rights.
This is the correct answer.
D. Jill should try to find propane reseller markets.
E. Jill should focus her attention on the government markets.
Business
2 answers:
jek_recluse [69]4 years ago
6 0

Answer: C. Jill should focus on the business market and license the natural gas rights.

Explanation:

Option C is indeed the right answer. Focusing on the Business Market will get her a better deal because larger companies will be involved.

It would be very advantageous to license the rights as there will be various bids for the license with the largest bid getting it and only for a period of time.

Going with this option can get Jill a better deal all round.

Varvara68 [4.7K]4 years ago
3 0

Answer:

C) Jill should focus on the business market and license the natural gas rights.

Explanation:

Oil and gas companies are usually very large corporations that have tons of money simply because the process to obtain either natural gas or oil is extremely expensive and costs millions. It is a very complex process that starts with upstream activities (oil or gas exploration and prospecting, preparing the rig site, start to drill, then testing the site, fracking techniques for extracting gas) and downstream activities (production and recycling of fracking fluids, storing and transporting gas, distribution processes). Each stage costs millions, that is why many oil and gas companies are considered regional monopolies due to the high costs.

Unless Jill has a ranch as a hobby and has many millions in a bank account, he should probably license the exploitation rights to a large corporation that can carry it out. He will still make a lot of money (average royalty rights are 12.5%), since total revenues are very high.

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You manage the Information Systems department at a small startup Internet advertiser. You need to set up an inexpensive system t
Alinara [238K]

Answer:

Extranet

Explanation:

An extranet is a controlled private network in the information is accessible from an organization's intranet to partners, vendors and suppliers or an authorized set of customers.

To manage the Information Systems department at a small startup Internet advertiser and to set up an inexpensive system that allows customers to see real-time statistics, Extranet can efficiently provide a solution.

3 0
4 years ago
Metlock, Inc. purchases land for $430000 cash. The clinic assumes $4600 in property taxes due on the land. The title and attorne
m_a_m_a [10]

Answer:

The recorded balance will be = $445500

Explanation:

We have given that Metlock purchases the land for cash $430000

Property tax = $4600

The title and attorney fee = $2900

The clinic had a land graded for $8000

We have to find the amount the Metlock lnc record as the cost of land

The record will be equal to = $430000+$4600+$2900+$8000= $445500

So the recorded balance will be = $445500

5 0
3 years ago
Lund Company applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under o
BartSMP [9]

Answer:

A. $5,250

Explanation:

As for the provided details we have,

The total cost of work in process on 31 March = $14,000

In this amount included as cost of direct labor = $5,000

This means the remaining amount $14,000 - $5,000 = 9,000 relates to cost of direct material and cost of manufacturing overheads.

Also provided that manufacturing overheads are applied using the predetermined rate of 75% of direct labor.

Thus, amount charged to work in process inventory for manufacturing overheads shall be $5,000 direct labor cost \times 75% = $3,750

Thus, direct material cost in work in process = $14,000 - $5,000 - $3,750 = $5,250

3 0
3 years ago
To minimize the temptation for managers to act in their own self-interest, governance mechanisms exist for implementation consid
soldier1979 [14.2K]

Answer:

A board of directors that act in the best interests of the shareholders to create long term value.

Explanation:

Sarbane oxley acts is a law law that was created to protect the interest of every shareholder . One of its requirement is a good composition of the board of directors considering their skills and independent requirement. It also emphasize the need for strong compliance with ethical standard in the interest of the shareholders.

Therefore , one of the key responsibilities of the board of directors is to act in the best interests of shareholders to create long term values. By so doing , managerial behavior will be monitored for compliance to ethical standard

3 0
3 years ago
Scott+stratton+recently+purchased+a+car+for+$22,500.+it+will+depreciate+at+a+rate+of+7%+per+year.+what+will+his+car+be+worth+in+
ICE Princess25 [194]

The cost of the car after 5 years from then, will be $15652.99.

Given here, the depreciation every year(r) 7%  or 0.07per year, asset cost (of the car) is $22,500 and time period (n) is 5 years.

The value after 5 years can be calculated as,

Depreciated value = asset cost ×(1-r) n

= 22500 × (1-0.07) 5

= 15652.99$.

Thus, the car worths 15652.99$ after 5 years.

The worth of an asset after its useful life is expired, as it is diminished over time by depreciation, is its depreciated cost. The asset’s worth is continuously diminished by figuring out how much it will cost to depreciate it, but the depreciated cost technique always permits accounting records to represent an item at its current value.

Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life.

To learn more about Depreciation, refer this link.

brainly.com/question/24218291

#SPJ4

3 0
2 years ago
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