Explanation Given Information: The annual loss of Conoco Phillips is − $ 16 , 998 , 000 , 000 . Formula used: Steps to divide by integers are as follows: Step 1: Ignore the signs and divide the numbers. Step 2: If both numbers are having same sign, then the quotient will be positive. Step 3: If both numbers have opposite sign, then quotient is negative. Calculation: Consider that Conoco Phillips reported an annual loss of − $ 16 , 998 , 000 , 000

11th Edition

ISBN: 9780134496436

Author: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

Publisher: PEARSON

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Chapter 1.2, Problem 4-8SC

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To calculate: The average loss per month for 12 months if the Conoco Phillips reported an annual loss of −$16,998,000,000.

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Chapter 1.2, Problem 4-7SC

Chapter 1.2, Problem 4-9SC

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The average loss per month for 12 months if the Conoco Phillips reported an annual loss of − $ 16 , 998 , 000 , 000 .

Solution Summary: The author calculates the average loss per month for Conoco Phillips' annual loss of -16,998,000,000.

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To calculate: The average loss per month for 12 months if the Conoco Phillips reported an annual loss of −$16,998,000,000.

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Chapter 1 Solutions