Question: Can someone give me the equation for this? The solution that the teacher gave us says - $123,333. I can't find how he got that
Can someone give me the equation for this?
The solution that the teacher gave us says - $123,333. I can't find how he got that answer.
Given the following, compute DD&A assuming no exclusions from the amortization base: Unrecovered costs Net salvage value of properties Estimated future development costs for proved reserves Proved reserves, 12/31 Proved developed reserves, 12/31 Production 700,000 60,000 100,000 100,000 bbl 75,000 bbl 20,000 bbl
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