What are the three main financial challenges BP is facing according to the transcript?
Breaking Down BP's 1Q Results

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital expenditures, dividends, and Gulf of Mexico liabilities
Marketing costs, research expenses, and employee salaries
Legal fees, advertising costs, and infrastructure investments
Tax obligations, insurance premiums, and pension funds
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is BP's target range for its net debt ratio?
40% to 50%
30% to 40%
10% to 20%
20% to 30%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is BP's strategy to potentially increase cash flow in the second half of the year?
Reducing employee salaries
Selling off assets
Increasing oil and gas production
Raising product prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it crucial for BP to maintain oil prices at or above $50 per barrel?
To ensure profitability of new projects
To meet environmental regulations
To maintain competitive advantage
To cover marginal cost of production
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is particularly important for BP due to its unique financial situation?
High employee turnover
Gulf of Mexico liabilities
Fluctuating currency exchange rates
Rising interest rates
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