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In December 2020, ExxonMobil announced that it was writing off $20 billion when it removed dry gas assets from its development plans. We would argue

In December 2020, ExxonMobil announced that it was writing off $20 billion when it removed dry gas assets from its development plans. We would argue that ExxonMobil's stockholders probably did not suffere as a result of the reported loss. Do you agree with these conclusions? Base your discussion on concepts from this week's readings

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