Which of the Following Would Increase the U

question 14

Multiple Choice

Which of the following would increase the U.S.demand for foreign oil?

• A)Using natural gas to power personal and public transportation
• B)Increasing the fuel efficiency of our transportation systems
• C)Developing alternatives to fossil fuels
• D)Decreasing the price of a gallon of gas

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Definitions:

Consolidation Process

The method of combining the financial statements of a parent company with those of its subsidiaries to present as one entity.

Net Income

Net income is the total amount of profit a company makes after all expenses, taxes, and costs have been subtracted from its total revenue.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.

Dividends

Distributions of earnings given by a business to its shareholders, often as profit sharing.