Gulf Oil Corporation Time lag in reserve use Barrels 3‚038 725 2‚313 End of 1983‚ Gulf reserves (Ex 3) less projected expropriations Estimated reserves 1983 production of 290 barrels suggests it takes about 8 years (2‚313/290) to produce discovered oil. We’ll thus use an eight-year cycle. Gulf Oil Corporation 4 What is Gulf worth? To assess their value we proceed as follows. 1. Identify key assumptions. Finding cost per barrel E&D outlays usually take a year to produce reserves
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Many types of food have phrases associated with them. Commercials use these phrases to implant their product into the audience’s memory. Goldfish crackers are an example of one of these products. "I love the fishes `cause their so delicious..." This is the theme song to a well known commercial which advertises Pepperidge Farm goldfish crackers. Children sing the phrase over and over throughout the entirety of the commercial. By the time the commercial ends‚ the line and product are inevitably
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is a lonesome girl who has to sit with her younger brother all the time because he doesn’t get along with the other boys. This is what detaches Myra and her classmates. One day Alice confronts Myra and they quickly become friends. Alice gave a Cracker Jack prize to her new friend. It was a glass butterfly brooch. Now when you first read this story you immediately
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Ted Talk: “What do babies think?” The ted talk that was examined was “What do babies think” with speaker Alison Gopnik. This ted talk discussed an overview of how babies actually think and process the world around them. The speaker starts by saying that babies in the past have been thought to be irrational‚ illogical and unable to determine and understand cause and effect. But babies actually tend to be better thinkers that most adults. Babies could actually be thought as the world’s
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considering aging cost as part of manufacturing cost‚ and has been showing consistent sales and profits. Due to markets forecasts of increased sale in future years‚ company has decided to increase production from 43000 (in 1987) to 63000 (in 1988) barrels. Hence this results in loss in Income statement as per current practice of costing. But company want to apply for loan‚ and bank will not view loss favorably nor will other stakeholders. So let’s consider various cost accounting options which can
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1. Write a brief summary of the case and key problems (10 points) The case is about the process fruit operations of a receiving plant 1(RP1) at National Cranberry Cooperative (NCC). The NCC was an organization formed and owned by growers of cranberries to sell and market their products. The farmers bring their cranberries to the cooperative directly from their farms in leased trucks and get returns for their product from the cooperative. Over the years a trend was witnessed‚ the share of water harvested
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averaged 16.0 million barrels per day during the week ending April 25‚ 2014‚ 26‚000 barrels per day less than the previous week’s average. Refineries operated at 91.0% of their operable capacity last week. Gasoline production decreased last week‚ averaging over 8.6 million barrels per day. Distillate fuel production decreased last week‚ averaging over 4.9 million barrels per day. U.S. crude oil imports averaged 7.5 million barrels per day last week‚ down by 313‚000 barrels per day from the previous
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I CCFY MADE ON BEHALF OF Frito-Lay‚ Inc. - Sun ChipsTM Multigrain Snacks I 6 Au3hsf -‚ - k07 NUS Gusinass School In mid-1990‚ Dr. Dwight R. Riskey‚ Vice President of Marketing Research and New Business at Fritu-Lay‚Inc.‚ assembled the product management team responsible for Sun Chipsm Multigrain Snacks. The purpose of the all-day meeting was to prepare a presentation to senior Frito-Lay executives on future action pertaining to the brand. Sun Chipsm Multigrain Snacks is
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Materials: 3 volunteers‚ none of whom are allergic to any of the foods you are giving them. You might ask about strawberries especially. Assortment of fruit Knife Cutting board 3 large plates Q-tips Essential oil of peppermint Clipboard Pencil Plain crackers Water Cups Procedures: 1. Before you start your experiment‚ make sure that each of your volunteers is aware that he or she is participating in an experiment related to smell and taste. Ask about any allergies to fruit or peppermint oil. 2. Create
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sometimes is forgotten in this life readjustment phase is... what are you going to pack everyday for lunch and snacks for your gluten sensitive child. The grocery shelves are full of great snacks that "all the cool kids" have in their lunches like crackers‚ cookies‚ chips‚ or candy. Maybe you are one of those parents that like to pack a little healthier lunch with the protein bar or that great chewy
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