Clark oil and gas incurred costs of $15.3 million for the rights to extract resources from a natural gas deposit.
the company expects to extract 8 million cubic feet of natural gas during a six-year period.
natural gas extracted during years 1 and 2 were 800,000 and 1,600,000 cubic feet, respectively.

what was total depletion for year 1 and year 2, assuming the company uses the units-of-production method?

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer; commerce clearing house;

answerit is the safest endorsement for business;

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.