To: gogogodzilla
Doesn't R&D and capital investments (maintaining current equipment, new drilling, new exploration) get deducted from Exxon's revenue prior to the declaration of profits? Where do they get the money for that investment for the next quarter?
94 posted on
10/02/2005 6:41:31 AM PDT by
Ditto
( No trees were killed in sending this message, but billions of electrons were inconvenienced.)
To: Ditto
From the revenues earned during that quarter?
Or else from money set aside from the previous quarter, money that as being earmarked for future use, couldn't be labeled 'profit'.
96 posted on
10/02/2005 9:08:43 AM PDT by
gogogodzilla
(Raaargh! Raaargh! Crush, Stomp!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson