User Account

All Pages

what was the after-tax cost to BP of the payment

Assignment Help Accounting Basics
Reference no: EM132103263

Question - In 2015, British Petroleum agreed to pay $18.7 billion to a fund established by the U.S. government to settle claims related to the Deepwater Horizon oil spill in the Gulf of Mexico. If the agreement with the government was structured as a payment in settlement of a legal dispute, rather than as a fine or penalty, what was the after-tax cost to BP of the payment? (Use 6 zeroes and 3 commas in your answer).

Reference no: EM132103263

Questions Cloud

Explain the importance of storytelling : Your analysis of the data should be factual, yes. However, it should also be interesting, simple, and memorable. It should be a story.
How cognition could be improved or problems could be solved : Over the years, psychologists have proposed a number of different theories to describe the interactions between language and other types of cognition.
What would the proper accounting treatment : If ACME cancelled their Pilot service on February 17th, 2016 (before it's installation), what would the proper accounting treatment
Write your thoughts on the most important things : Write your thoughts on the most important things you read from the article in your opinion, don't write a summary so only thoughts.
what was the after-tax cost to BP of the payment : If the agreement with the government was structured as a payment in settlement of a legal dispute, what was the after-tax cost to BP of the payment
Calculate the cost of goods sold for march : Illinois Soybeans operates a processing plant in which soybeans are crushed to create soybean oil and soybean meal. Calculate the cost of goods sold for March
Determine the total joint cost for june : Question - Sales value and physical value allocation - Using the sales value at split-off approach, determine the total joint cost for June
How much rent expense should the firm record : At December 31st, how much rent expense should the firm record under the cash basis and under the accrual basis
What will be her income tax liabilities : If Lauren contributes $2,500 to the charity each year, what will be her income tax liabilities for 2015 and 2016

Reviews

Write a Review

Accounting Basics Questions & Answers

  Wendy deposits 1000 at the beginning of each year for 15

wendy deposits 1000 at the beginning of each year for 15 years into a savings account. during the first 5 years the

  Calculate the budgeted cash receipts for november

The planned merchandise inventory on November 30 is $265,000. Calculate the budgeted cash receipts for November

  What is a chart of accounts and why is it important

(a) What is a ledger?(b) What is a chart of accounts and why is it important?

  Five core principles of nclb 2001

Strong Accountability for Results: The pros of this principle are that is compares students performances data to the standards and not to the students around them.

  What is the amount of the marital deduction

H's executor makes a QTIP election for the trust. What is the amount of the marital deduction

  Analyzing and appraising the performance of the manager

Prepare a report that will be of more value in analyzing and appraising the performance of the manager of Department D for October

  How much he should pay show your work

The date is September 25. What should Jake do? How much he should pay? Show your work. Explain your answer

  Journalize the entries to correct the errors

Journalize the entries on May 3 to correct the errors. Use two entries to correct the error described in A. (That is, record an entry to reverse the incorrect.

  How any hedging strategy would impact operating income

You have been hired as a consultant for Thomas Foods. Thomas Foods was incorporated in 1969. Thomas Foods sells produce purchased from farmers to neighborhood.

  Evaluate at least three significant differences and

1. describe ifrs and gaap and what convergence means.2. analyze how convergence will affect public companies accounting

  Calculate the estimated profit of your company

You are considering opening a kiosk in the mall that will sell customizable aprons. Calculate the estimated profit of your company for first year of operation

  Annual amount of depreciation on the equipment

Hamilton Tool and Die Company purchased $72,000 of equipment with an estimated service life of 4 years. The equipment will be worth $4,000 at the end of its life. The annual amount of depreciation on this equipment is:

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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