Question 1 Mateen Corporation operates solely in Alaska. The following data are as of 21 December 2010 Unrecovered cost Net salvage value of properties Estimated future development cost for proved reserves Proved reserves, Dec 31 Proved developed reserves, Dec. 31 Production $900,000 $50,000 $200,000 150,000bbi 80,000bb! 30,000bbl Compute DD&A assuming no exclusions from the amortization base. O $177,500 O $157,000 $170,000 $177,000 O $175,000 $175,800 $25.000 125.000 525.000 525.000 525.000 7 9 525.000 525.000 $10,000 TO 11 5260,000 What is the Accounting Rate of Return for Alpha? A Moving to another question will save this response. Question 3 What is the serious shortcoming of the payback method? All of these apply O It is a complicated metric that is difficult to interpret O It is based on the time value of money o It ignores any cash flows that might occur after payback will save this response. . Question 4 What does the payback method use to rank project? O None of these The number of years the well will be producing The relative size of the potential profit How long is the invested money is at risk Questions Olivaren ondo ben com accounting for years. The following data relate to Mars properties as of Dec. 2020 capitated constante development Accumulated DOSA Proved reserve Proved reserves Gas $5.000.000 3700000 250,000bbi 600,000MC Production in 2020: 20,000 bbl Sold at average price of $115/bbi Gas: 70,000 Mc Sold at average price of $6/Mcf Current prices at 31 December 2020: Oll: $120/bb! Gas: $8/Mcf Compute DD&A using the unit-of-revenue method. Question 1 Mateen Corporation operates solely in Alaska. The following data are as of 21 December 2010 Unrecovered cost Net salvage value of properties Estimated future development cost for proved reserves Proved reserves, Dec 31 Proved developed reserves, Dec. 31 Production $900,000 $50,000 $200,000 150,000bbi 80,000bb! 30,000bbl Compute DD&A assuming no exclusions from the amortization base. O $177,500 O $157,000 $170,000 $177,000 O $175,000 $175,800 $25.000 125.000 525.000 525.000 525.000 7 9 525.000 525.000 $10,000 TO 11 5260,000 What is the Accounting Rate of Return for Alpha? A Moving to another question will save this response. Question 3 What is the serious shortcoming of the payback method? All of these apply O It is a complicated metric that is difficult to interpret O It is based on the time value of money o It ignores any cash flows that might occur after payback will save this response. . Question 4 What does the payback method use to rank project? O None of these The number of years the well will be producing The relative size of the potential profit How long is the invested money is at risk Questions Olivaren ondo ben com accounting for years. The following data relate to Mars properties as of Dec. 2020 capitated constante development Accumulated DOSA Proved reserve Proved reserves Gas $5.000.000 3700000 250,000bbi 600,000MC Production in 2020: 20,000 bbl Sold at average price of $115/bbi Gas: 70,000 Mc Sold at average price of $6/Mcf Current prices at 31 December 2020: Oll: $120/bb! Gas: $8/Mcf Compute DD&A using the unit-of-revenue method
