One Positive Aspect of the Potential Use of Methane Hydrate

question 88

Multiple Choice

One positive aspect of the potential use of methane hydrate as a fuel is that

• A) there is more of it than there is of coal, oil, and natural gas.
• B) it is easy to mine.
• C) its use will never contribute to global warming.
• D) it exists in a pure form ready for use.

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares.

U.S. GAAP

Generally Accepted Accounting Principles in the United States, which are a set of rules and standards for financial reporting.

Interest Expense

The cost incurred by an entity for borrowed funds, representing the interest payments due on any type of debt, including loans, bonds, and lines of credit.

Convertible Bonds

Convertible bonds are fixed-income securities that the holder can convert into a specified number of shares of the issuing company, usually at a pre-determined time.