Most of the Petroleum Found in the Persian Gulf Area

question 22

Essay

Most of the petroleum found in the Persian Gulf area formed at a ____________________ continental margin where the remains of ____________________ were buried and converted to petroleum.

---

Definitions:

Net Income

The ultimate earnings of a company, arrived at by taking away all expenses, taxes, and costs from the total income.

Dividends

Earnings distributed by a corporation to its shareholders from its profit.

Annual Amortization

The process of gradually writing off the initial cost of an asset over a period typically corresponding to the asset's useful life.

Investment Balance

The current value of all the investments held by an individual or entity.