Exxon Mobil's Business Model

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Exxon Mobil Corporation is internationally known multinational oil and Gas Corporation that operates its businesses in many foreign countries like Canada, Argentina, Germany, Norway, United Kingdom, Africa, Malaysia, Kazakhstan, Russia, and Australia. The principal market where Exxon Mobil common stock is traded at the New York Stock Exchange, and there were 450,634 registered shareholders of Exxon Mobil common stock at December 31, 2013. The Corporation’s business model involves the production or purchase, manufacture and sale of physical products, and all commercial activities are directly in support of the underlying physical movement of goods (CSU-Global, 2015). This portfolio project addressed the discussion and analysis of Exxon Mobil’s financial results such as long-term debt, contributed capital, investments, income tax pension and postemployment benefits, leasing, cash flow, and financial disclosures that are reported on the giving Exxon Mobil Annual Report. Long- Term Debt Long-term debt is company’s loans and obligations with a maturity of longer than one or more years, and it is usually accompanied by interest payments. Long –term debt matter to the company because it helps a company to analyze and evaluate its financial success; however if a company borrows excessively the interest expense and interest payment may become a burden. The difference between interest expense and interest paid is that interest expense is an income statement account which is used

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