Discuss the ratios computed for Tyler Company in problems 13 through 16. What is your assessment of the performance and future potential of Tyler Company?

Data From Problem 13:-

The following reserve table appeared in the financial statements of Tyler Company:

Data From Problem 16:-

Tyler Company’s ASC 932-235 disclosures included the following information:

Data From Problem 14:-

Tyler Company reported the following costs on its financial statements (in thousands):

Data From Problem 15:-

Tyler Company reported the following expenses in its financial statements (in thousands):

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Estimated Quantities of Net Proved Crude Oil and Natural Gas (Worldwide Totals only), in Thousands of Barrels and Millions of Cubic Feet Year ended Dec. 31 2022 2020 2021 Oil Gas Oil Gas Oil Gas Beginning of year 171 779 234 783 335 724 Revisions of previous estimates 10 12 15 31 (11) 22 Improved recovery 21 30 25 23 15 50 Purchases of reserves-in-place 0 0 12 12 0 24 Sales of reserves-in-place (12) (12) (20) (99) (70) (24) Extensions & discoveries 69 78 90 42 6 150 Production (25) (104) (21) (68) (24) (76) End of year totals 234 783 335 724 251 870 Year Net Wells Gross Wells 2020 750 2,010 2021 840 1,910 2022 900 2,050