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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.)
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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!)
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