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2 years ago

How many barrels of oil does the us produce per day?

Business

1 answer:

marta [7]2 years ago

8 0

Answer:

EIA's data for 2020 indicates that total U.S. petroleum production averaged about 18.375 million barrels per day (b/d), which included: crude oil—11.283 million b/d.

Explanation:

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Which factor places this nation in the transitioning<br> category?

lys-0071 [83]

Answer: B. It is shifting from a planned to a free-market economy.

Explanation:

5 0

3 years ago

Select True or False.

m_a_m_a [10]

Answer:

False.

Explanation:

Wholesalers are used to sell consumer products.. but not business products.

6 0

2 years ago

The CARES Act allows special treatment for net operating losses incurred in 2018, 2019, and 2020. Which of the following is not

Ulleksa [173]

Answer: d. Taxpayers may claim the carryback using Form 1045 at any time within three years of the due date of the return for the NOL year.

Explanation:

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, was signed into law in the wake of the effects of the Coronavirus pandemic that swept the nation in 2020.

Under this Act, all NOLs may be carried back five years and taxpayrs were allowed to waive their carryback period by attaching a statement to their 2020 return.

The Act however, did not allow for taxpayers to claim their carryback using Form 1045 at any time within three years of the due date of the return for the NOL year as this Act was only passed to cushion the effects of the pandemic in 2020.

3 0

2 years ago

g A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month. The next payroll amounting to $75,

GrogVix [38]

Answer and Explanation:

The journal entry is

Salaries and Wages Payable $50,000

Salaries and Wages Expense $25,000

To Cash $75,000

(Being cash paid is recorded)

Here salaries & wages payable and salaries & wages expense is debited as it decreased the liabilities & increased the expense while the cash is credited as it decreased the assets

7 0

3 years ago

Mt Kinley is a strategy consulting firm that divides its consultants into three classes, associates, managers, and partners. The

Basile [38]

Answer:

1. 50 consultants per year

2. 4%

Explanation:

1. Calculation to determine How many new MBA graduates does Mt Kinley have to hire every year

Using this formula

Flow Rate of associates= Inventory / Flow Time

Let plug in the formula

Flow Rate of associates = 200 consultants / 4 years

Flow Rate of associates= 50 consultants per year

Therefore the numbers of MBA graduates that Mt Kinley have to hire every year is 50 consultants per year

2. Calculation to determine the probability that an incoming MBA graduate would make partner at Mt Kinley

First step is to calculate the Flow Rate of managers using this formula

Flow Rate of manager= Inventory / Flow Time

Let plug in the formula

Flow Rate of manager = 60 consultants / 6 years

Flow Rate of manager =10 consultants per year

Second step is to calculate the flow rate of partner using this formula

Flow rate of partner = Inventory/ Flow time

Let plug in the formula

Flow rate of partner = 20/10

Flow rate of partner = 2 partners per year

Third step is to calculate the probability of becoming a manager

Probability (Manager) = 10/50

Probability (Manager) = 20%

Fourth step is to calculate Probability of becoming a partner

Probability (Partner) = 2/10

Probability (Partner) = 20%

Now let calculate the probability that an incoming MBA graduate would make partner at Mt Kinley

Probability of MBA graduate becoming a partner = 20% x 20%

Probability of MBA graduate becoming a partner = 4%

Therefore the probability that an incoming MBA graduate would make partner at Mt Kinley is 4%

7 0

3 years ago