Answer:
The bid amount should be $13,200,264.
Explanation:
An oil and gas producing company owns 42,000 acres of land in a southeastern state.
It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year.
The revenue from the oil is $1,800,000 per year and for natural gas the annual revenue is $581,000 per year.
Total Annual Revenue
= Revenue from oil + Revenue from gas
= $1,800,000 + $581,000
= $2,381,000
The bid amount should be the present worth of total annual revenue.
Present Worth of total annual revenue
= 
= 
= 
= 
= 
= 
= $13,200,264
Answer:
The amount is $4,000 and Brain character reflects the capital gain.
Explanation:
Partnership: In partnership, there are two or more partners who are ready to share the profit or losses in their profit-loss sharing ratio.
The computation is shown below:
= Brain's basis - the inside basis
= $16,000 - ($20,000 - $8,000)
Since the brain basis show excess amount than inside basis which reflects the capital gain
.
The inside basis is not relevant in the computation part. Hence, it is ignored.
Answer:
b. positive nitrogen balance
Explanation:
Positive nitrogen balance -
The element nitrogen is the main component of the amino acids , which is the building block of the proteins .
The positive nitrogen balance means the growth period , pregnancy , tissue repair , hypothyroidism . According to which the intake of the nitrogen into the body is more than the loss of the nitrogen from the body . Therefore , there is increase in the protein in the body .
Answer:
The correct cash balance that should be reported in the company's balance sheet at the end of the year is $3,800
Explanation:
The computation of the correct cash balance is shown below:
= Bank balance + Deposits outstanding - Checks outstanding
= $8,100 + $4,100 - $8,400
= $3,800
The other items which are given in the question are related to the bank balance. So, we do not consider it in the computation part. It already adjusted to the bank balance. Hence, we ignored it.
Answer:
Redistribution or income redistribution
Explanation:
Income redistribution or redistribution is a economy practice aimed to balance the distribution of income in a society though strategies or mechanisms which allow transferring of incomes from high-income earners to those with lower incomes.
As was mentioned before, there are some strategies such as progressive taxation to make the income redistribution, which consists of people with higher incomes pay higher taxes and low income earners pay a lower tax rate.
I hope it helps you
