The OGDC (Oil and Gas Development Company) is a Pakistan-based oil and gas exploration and production company. Its primary objective is to ensure Pakistan's energy security while working towards the growth of the country's economy. The company holds a significant place in the country's petroleum industry and contributes significantly to Pakistan's economy through its exploration and production activities.
The purpose of the report is to evaluate the company's financial and non-financial performance, including its growth, profitability, and efficiency, among other aspects. The report will help to identify areas where the company is performing well and areas that need improvement.
OGDC is one of the largest oil and gas companies in Pakistan. It has a significant presence in the country's upstream oil and gas industry and contributes significantly to the country's energy requirements. The company has been expanding its operations and investing in new oil and gas exploration projects to maintain its growth trajectory.
In terms of financial performance, the company has reported steady growth in revenue and profits over the past few years. The company's net profit for the last year was Rs. 105 billion, which was a significant increase from the previous year's profits. Despite the challenging business environment, the company has managed to maintain its profitability by optimizing its operations and adopting cost-cutting measures.
Overall, the company's performance has been satisfactory, and it is well-positioned to take advantage of the country's growing demand for energy.
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name four commercial services which are useful to a manufacturer
When a sales tax is imposed on sellers, the supply curve shifts so that the vertical distance between the old and the new supply curve equals the sales tax multiplied by the price elasticity of demand. sales tax divided by the price elasticity of demand. sales tax multiplied by the price elasticity of supply. amount of the sales tax.
When a sales tax is imposed on sellers, it affects the supply curve by shifting it upwards. This shift occurs because the tax increases the cost of production for sellers, resulting in a decrease in the quantity supplied at each price level. The vertical distance between the old and the new supply curve equals the amount of the sales tax.
The price elasticity of demand and price elasticity of supply are not directly involved in determining the vertical shift of the supply curve due to the sales tax. Price elasticity of demand measures the responsiveness of the quantity demanded to a change in price, while price elasticity of supply measures the responsiveness of the quantity supplied to a change in price. However, the elasticities of demand and supply can influence how the burden of the sales tax is distributed between buyers and sellers. If the demand is relatively inelastic, buyers are less sensitive to price changes, and thus, a larger portion of the tax burden falls on them. On the other hand, if the supply is relatively inelastic, sellers are less sensitive to price changes, and a larger portion of the tax burden falls on the sellers. In summary, the imposition of a sales tax on sellers causes the supply curve to shift upwards by the amount of the sales tax, and the distribution of the tax burden depends on the price elasticities of demand and supply.
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According to the video, which employer hires most career Firefighters?
city and country fire departments
chemical and manufacturing plants
airports
agencies that fight forest fires
The first choice, which refers to both city and rural fire departments, is correct.
What do firefighters contribute to society?A firefighter is a first officer on the scene and rescuer who has received extensive training in firefighting. Their main duty is to put out dangerous fires that endanger men's careers, their property, and the environment.They may also be required to protect the life of livestock in specific circumstances or jurisdictions.. A female firefighter is less commonly referred to as a firewoman than a male firefighter.
One of the three basic emergency responders is the fire service, typically known as the fire dept or fire department in multiple countries. There are now firefighters everywhere in the world, both on ships and in cities..
Throughout a firefighter's career, the skills necessary for safe operations are routinely practised throughout training evaluations. Introductory firefighting techniques are typically taught in fire academies or training programmes that have received municipal, regional, or state approval. Further knowledge and credentials in fields like technical rescue and pre-hospital medicine may also be obtained at this time, depending on the demands of a department.
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Answer:
city and country fire departments
Playing the Game
Answer the questions below to explore the effects of the free-market system.
1. Describe two benefits you enjoy because of the free-market system. Be sure to state why the
free-market system brings each of these benefits (10 points)
Benefit:
Connection to free market:
Benefit:
Connection to free market:
2. Explain why the free-market system brings efficiency as well as freedom. (10 points)
The two benefits you enjoy because of the free-market system are the freedom to produce whatever you want and the possibility to choose among many different options.
Why does the free-market system bring these benefits?Benefit:
People can become a business man or entrepreneurs and decide the kind of product or service they want to offer in the free market.
Connection to the free market:
This capitalist system allows people to decide what they want to produce in order to sell it to the market and charge for the amount of money they think is fair.
Benefit:
You can choose from many different options if you want to buy a product or service. There is no limit to options in the free market. You can go to as many supermarkets to get your groceries.
For instance, if you want to buy a shirt, you have plenty of options such as Nike, Under Armour, Reebok, Rawlings, Adidas, and so many more.
Connection to the free market:
The diversity of brands, products, and services is a true hallmark of the free market. The consumer has many options to choose from.
The free-market system brings efficiency as well as freedom. because this Capitalist system allows people to buy and sell from many different providers, companies, and sellers.
Efficiency in the handling and management of resources is a key element in the free market system. And freedom is your chance y chose the best option for you according to your economic possibilities and necessities.
In the free market system, people own businesses and willingly choose what to buy and sell with little state interference. In this economic system, people can invest their money to make a profit. The harder they work, the better their benefits.
We can conclude that in the free market system, many competitors participate in the business and consumers have many selections to choose from. People can get very rich by selling their products and services.
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Which of the following is NOT a part of reviewing and revising the financial plan?
-developing an action plan which identifies ways to achieve the goals
-regularly assessing the financial decisions
-taking a complete review of finances at least once a year
-making priority adjustments which will being financial goals in like with current life situation
Answer:
Developing an action plan which identifies ways to achieve the goals.
Explanation:
Reviewing & Revising the Plan
Involves:
regularly assessing the financial decisions
taking a complete review of finances at least once a year
making priority adjustments which will bring financial goals in line with current life situation
you should try to get the lowest interest rate possible in which situation
(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
You are borrowing money from another person.
Explanation:
The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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Which of the following is NOT an application used in social business?
A. Communities
B. Crowdsourcing
C. Email
D. Social networks.
E. Blogs and wikis.
The application that is not used in social business is Communities.
This is because Communities is not an application.Community is just a term that is used to describe a group of people that are living in the same geographical area, often with similar interests or goals.However, Crowdsourcing is an application that is used in gathering information about people such as service providers or consumers.Email is a web application that is used to communicate with people far and near. It can be used to advertise and inform people about a product.Social networks: this is an application in which business owner can use to communicate with his customers or gather new clients. Blogs and wikis: this is also a web application that is used in writing about things or events. It can be used to store product description and promote it to the target consumers.Hence, in this case, the correct answer is option A. "Communities."
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Why is account management important in the vegetable farming ? give reason .
Answer:
Money
Explanation:
The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.
Answer:
It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.
Explanation:
Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.
which program has
budget lidl
year?
A. Social Security
O B. Medicaid
Ο Ο Ο Ο
O C. Defense
O D. Medicare
Answer: Medicare and social security
Explanation:your welcome
which primary function of management is concerned with ensuring the right things happen at the right time in the right way?
The primary function of management which is concerned with ensuring the right things happen at the right time in the right way is:
PlanningAccording to the given question, we are asked to show the primary function of management which is concerned with ensuring the right things happen at the right time in the right way and how it affects management decisions and outcomes.
As a result of this, we can see that management is the act of being in charge of the various processes which are involved in an organization.
There are four main functions of managers in a management process which includes:
PlanningOrganizingLeadingControllingThe planning function is in charge of making sure that the right things are done at the right time.
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although the perpetual inventory system updates accounting records after each sale, a physical count is necessary at year-end to address issues such as ________ and
Even though the records of stock are updated frequently under the Perpetual Inventory approach, a physical count is still necessary to address C : customer theft and spoilage.
The Perpetual Inventory System ensures that there are lower issues with stock accounting because stock changes are recorded after every sale.
A physical count is still needed however to ensure that the stock that is recorded is the same as the actual stock. It might not be the same due to:
Customer thefts e.g. shoplifting Spoilage - some of the stock may have spoiled and become unusable.In conclusion, physical verification of stock is important to find instances of spoilage and theft.
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Options for this question include:
A : management performance; inventory records systems.
B : failing to meet sales goals; employee discounts.
C : customer theft; spoilage.
D : management performance; employee discounts.
According to the digital disconnect and the lecture, the global digital divide is the result of _____.
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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Difference between training and exercise
Explanation:
For athletes and people with a definite performance objective in mind, Training is necessary. Training is physical activity performed for the purpose of satisfying a long-term performance goal, and is therefore about the process instead of the workouts themselves.
Answer:
Training is physical activity performed for the purpose of satisfying a long-term performance goal, and is therefore about the process instead of the workouts themselves
Exercise is a subset of physical activity that is planned, structured, and repetitive and has as a final or an intermediate objective the improvement or maintenance of physical fitness. Physical fitness is a set of attributes that are either health- or skill-related.
Explanation:
have a goo day/night
may i please have a branlliest
because practically all marketers provide some services, typically do not exist in today's business environment. a. pure services b. customer services c. pure goods d. tangible-dominant products e. service products
The Correct option is C. Because practically all marketers provide some services, Pure goods typically do not exist in today's business environment.
The environment may be defined as a sum total of all of the residing and non-residing factors and their consequences that impact human life. whilst all dwelling or biotic factors are animals, plants, forests, fisheries, and birds, non-residing or abiotic factors encompass water, land, sunlight, rocks, and air.
The environment offers us limitless blessings that we cannot repay our complete lifestyles. As they're linked with the wooded area, timber, animals, water, and air. The forest and trees filter out the air and soak up harmful gases. flora purify water, lessen the possibilities of flood hold herbal stability, and lots of others. The surrounding is everything this is around us, which includes both residing and nonliving matters along with soil, water, animals, and flowers, which adapt themselves to their environment. it is nature's presence that helps in nourishing life on this planet.
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Which is not an expense account?
Repairs
Advertising
Rent
Interest
Accrued
The answer option which is not an example of an expense account is: E. Accrued.
What is an expense account?An expense account can be defined as a type of account that include an amount of money (funds) that are paid to an employee by an employer of labor, so as to enable the employee spend the fund on things related to his or her job.
In Business management, some examples of an expense account include the following:
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in accounting, expenditures recorded as assets are said to be _____.
Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:
October: $42000
November: $45000
December: $50400
Whistle Works sells each whistle for $12. They have a desired ending inventory for production of 20% of the next month's budgeted sales in units. How many units does Whistle Works need to produce in November?
The number of units that Whistle Works need to produce in November is 3,840 Units.
Here, we are going to calculate the number of units that Whistle Works need to produce in November.
Units for November = Total Sales / Selling Price Per Unit
Units for November = $45,000 / $12
Units for November = 3,750 Units
Units for December = Total Sales / Selling Price Per Unit
Units for December = $50,400 / $12
Units for December = 4,200 Units
Units to be Produced in November = 80% * Expected Sales in November + 20% * Expected Sales in December
Units to be Produced in November = 80 % * 3,750+ 20% * 4,200
Units to be Produced in November = 3,000 + 840
Units to be Produced in November = 3,840 Units
Therefore, the number of units that Whistle Works need to produce in November is 3,840 Units.
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state licensing requirements include proof of what responsibility
State licensing requirements for various professions and industries may vary, but in general, they all require proof of responsibility on the part of the applicant.
This responsibility may include financial responsibility, such as maintaining proper insurance coverage and paying taxes, as well as ethical and legal responsibility, such as complying with all laws and regulations related to the profession or industry. Additionally, some professions may require proof of specific skills and knowledge, such as passing an exam or completing a certain amount of education or training. Ultimately, state licensing requirements aim to ensure that professionals are qualified, competent, and responsible in their work, and that they can be held accountable for any errors, omissions, or misconduct.
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In order to do your own budgeting, you will need a special financial computer program.
a. true
b. false
For own budgeting one will need a personal financial program is False.
There's no need for any developed program to calculate its own budget. As we know There are various methods to calculate the financial budget. These six steps to calculating the budget;
we can calculate by;
Assess your financial resourceDetermine your expenses Set goalsCreate plans Pay yourself firstTrack your progressThrough these above steps, we can determine the budget. We know that resource allocation and access are more important for any business so the first step is tracking the financial resources from where the assets are set up.
The second portion is to determine the expenses of the respective business it will help the input and output of the system. Next goal determination and plan creation are the steps and after that pay yourself to get more determination.
After this, you can track your progress the rest of the output will be the profit and all the addition will be the budget and could be calculated easily.
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which of the following is not an advantage of the corporate form of business organization? question 3 options: no personal liability easy to transfer ownership favorable tax treatment easy to raise funds
The favorable tax treatment is not an advantage of the corporate form of business organization.
What is tax?A tax is a compulsory commercial enterprise charge or some other type of levy inflicted on a taxpayer (an individual or legal entity) by an organization in order to fund government spending and various public expenditures.
The corporation is not given a favorable tax treatment by the tax authorities because the tax is assessed using a progressive system, meaning that the more money earned, the more taxes must be paid.
Therefore, The right option (C) is correct.
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in markets, prices move toward equilibrium because of
Answer:
"The market price moves toward equilibrium because of the actions of the buyers and sellers in the market. Suppose there is a surplus in the market which means that supply is more than the demand. ... Similarly, when there is a shortage and price increase and a new equilibrium is achieved."
Explanation:
on January 1, Year 1, Pell Corp. purchased a machine having an estimated useful life of 10 years and no salvage. The machine was depreciated by the double declining balance method for both financial statement and income tax reporting. on January 1, Year 6, Pell changed to the straight-line method for financial statement reporting but not for income tax reporting. Accumulated depreciation at December 31, Year 5, was $560,000. If the straight-line method had been used, the accumulated depreciation at December 31, Year 5, would have been $420,000. Pell's enacted income tax rate for Year 6 and thereafter is 30%. The amount shown in the Year 6 income statement for the cumulative effect of changing to the straight-line method should be: ___________
a. $98,000 debit.
b. $98,000 credit.
c. $140,000 credit.
d. $0.
As a business owner, what steps might you be able to take to ensure there are control's and limits to the agency's power? How does this compare with the controls available to branches of the government?
Governors are in charge of carrying out state legislation and directing how the state executive branch is run in their capacity as state managers.
What is the law legislation?
The drafting and adoption of laws by a legislative body through its legislative process is referred to as legislation. The language used in the bill to convey the beliefs, opinions, and aims of the proposal are important to consider during the legislative process, which also involves assessing, modifying, and voting on proposed laws. A proposal is introduced into Congress in one of the four main forms—a bill, a joint resolution, a concurrent resolution, or a simple resolution. a law or collection of laws that a government recommends and that a parliament formally enacts: [+ infinitive] To regulate vehicle fuel emissions, the government has pledged to pass legislation.
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Finley Co. Is looking for a new office location and sees a building with a fair value of $400,000. Finley also notices that much of the equipment in the existing building would be useful to its own operations. Finley estimates the fair value of the equipment to $80,000. Finley offers to buy both the building and the equipment for $450,000, and the offer is accepted. Determine the amounts Finley should record in the separate accounts for building and equipment
The amounts Finley should record in the separate accounts for building and equipment will be $ 375,000 and $ 75,000 respectively.
Elaborating :Building $375,000
Equipment $75,000
Total $450,000
Building: $450,000 / $480,000 × $400,000 = $375,000
Equipment: $450,000 / $480,000 × $80,000 = $75,000
Separate accounts:An insurance company holds a separate accounting and reporting account that is not part of its general account but rather "separate." An investor can select an investment category based on his or her individual risk tolerance and desire for performance with a separate account.
What is the difference between a separate and a general account?The primary distinction between the two types of accounts can be summarized as follows: a general account is subject to the insurance company's creditors, whereas a separate account is not.
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According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to.
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to remain constant.
What does a flat yield curve mean?A flat yield curve is an indicator that interest rate would be constant. The long term and short term interest rate would be the same. A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.
If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate
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In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares are:___.
In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares are considered outstanding at the beginning of the earliest year reported.
Weighted average is a formula that considers the relative value of the numbers in a data set. Before generating a weighted average, each integer in the data set is multiplied by a predefined weight. To perform, the weight average is used. It can be considered an average with varying weights for each value.
In a weighted average, each observation in the data set is given a weight before being added to produce the final average value. Each quantity to be averaged is given a weight in this procedure, which establishes the relative importance of each quantity.
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Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
answer:
THE SEC
2. A business installs a free chilled water drinking machine
for staff. This is an example of: (1)
A
B
С
D
a non-financial method of motivation
a promotional method
an improvement to customer service
organic growth