What are your net sales volumes for september 2017

Assignment Help Financial Accounting
Reference no: EM133372343

Question: A well has 8/8 sales volumes in September of 2000 BO, 20000 MCF, and 1200 BNGL. If you own 50% Working Interest (WI) with a 40.375% Net Revenue Interest (NRI, sometimes seen as RI) associated with the working interest.

a. What are your net sales volumes for September 2017?

b. If you own an additional overriding royalty interest in the well of 2.476% what would be your net sales volume?

Reference no: EM133372343

Questions Cloud

Reading at home increases childrens chances of success : reading at home increases childrens chances of success in school because reading is required in every course in every grade
What did the speaker do well and how could she improve : Rresponse in which you reflect on the participant's skills. What did you like or not like? What did the speaker do well? How could she improve?
Calculate the first year profit under the cash basis : Calculate the first year's profit under the cash basis. Calculate the first year's profit under the accrual basis. What is the difference?
Identify one specific example from a text to illustrate : Identify one specific example from a text to illustrate each of the definitions with textual examples. You should have at least 3 examples, 1 for each term you
What are your net sales volumes for september 2017 : What are your net sales volumes for September 2017? If you own an additional overriding royalty interest in the well of 2.476% what would be your net sales
Describe their influence on the constitution : Explain the events or movements and their importance. Describe their influence on the Constitution.
Locate and explain a quote from iago : Locate and explain a quote from Iago on page 67 that reflects Iago's misogyny or beliefs in "traditional" roles for women.
How do you think this person or persons have molded : how do you think this person or persons have molded or influenced what we consider modern dance today?
What did you think of anderson message to his former master : What did you think of Anderson's message to his former master? Does it shed any light on circumstances at the time?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd