Show
Recommended textbook solutionsIntermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Century 21 Accounting: General Journal11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,012 solutions
Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions
Essentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions Recommended textbook solutions
Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions
Statistical Techniques in Business and Economics15th EditionDouglas A. Lind, Samuel A. Wathen, William G. Marchal 1,236 solutions
Statistics for Business and Economics13th EditionDavid R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams 1,692 solutions
Fundamentals of Engineering Economic Analysis1st EditionDavid Besanko, Mark Shanley, Scott Schaefer 215 solutions Recommended textbook solutions
Accounting: What the Numbers Mean9th EditionDaniel F Viele, David H Marshall, Wayne W McManus 345 solutions
Fundamentals of Financial Management14th EditionEugene F. Brigham, Joel F Houston 845 solutions Intermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions Principles of Managerial Finance13th EditionChad J. Zutter, Lawrence J Gitman 1,766 solutions Recommended textbook solutions
Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions
Financial Accounting4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas 1,097 solutions Essentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions
Century 21 Accounting: General Journal, Introductory Course, Chapters 1-1710th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman 1,378 solutions Which of the following are considered intangible drilling costs IDCS for an oil and gas DPP?Intangible drilling costs are defined as costs related to drilling and necessary for the preparation of wells for production, but that have no salvageable value. These include costs for wages, fuel, supplies, repairs, survey work, and ground clearing. They compose roughly 60 to 80 percent of total drilling costs.
Is oil and gas a DPP?An Oil and Gas Direct Participation Program is a type of DPP designed to invest in oil and gas production or exploration. DPPs typically lack liquidity and involve some degree of risk. The level of risk can be extremely high or relatively low depending upon the type of oil or gas program involved.
Which of the following oil and gas direct participation programs might be considered the riskiest?The investor partners with a company that drills wells in an already-proven area. Exploratory Drilling Program – considered as a 'high risk, but high reward' kind of investment. This could also be thought of as the riskiest kind of program.
Which of the following could an analyst use to establish the rate of return on a direct participation program DPP )?Analysts use both present value and internal rate of return to establish a DPP's rate of return. Both involve assumptions based on future cash flows generated by the program.
|