The Process of Injecting Water, Sand, and Chemicals Under High

question 39

Multiple Choice

The process of injecting water, sand, and chemicals under high pressure into rocks to release oil and natural gas is known as

• A)​hydraulic fracturing.
• B)​fracking.
• C)​pressurized energy release.
• D)hydraulic fracturing and fracking.
• E)​All of these choices are true.

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Definitions:

Sales

The total revenue a company generates from selling goods, services, or both, within a specific period.

Average Collection Period

The average amount of time it takes for a company to receive payments owed by its customers for goods or services sold on credit.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, leading to net profit or loss.

Balance Sheet

A financial statement summarizing a company's assets, liabilities, and shareholders' equity at a specific point in time.