<u>Answer: </u>agent or attorney is a power of attorney.
<u>Explanation:</u>
Power of attorney is an agreement between two people one is the principle and the other person is the agent or the attorney where they sign the document. According to the law the agent who is power of attorney has the authority to do the banking transactions on behalf of the principle.
If the power of attorney is revoked then the agent has no obligations to perform any tasks. power of attorney document for incapacitated or mentally affected principle should have stated in the document itself such power of attorney is called as durable power of attorney.
Answer:
The correct answer is option c) payments are made by check. Control of cash disbursement is generally more effective when payments are made by check..
hope helpful <3
Cost of equity is calculated as -
Cost of equity = Risk free return + Beta * (Market risk - Risk free return)
Given,
Risk free return = 5.3 %
Market risk = 12 %
Beta = 1.05
Cost of equity = 5.3 % + (1.05*(12-5.3%))
Cost of equity = 12.335 % or 12.24 %
Answer:
$50,000
Explanation:
Since the service year is for a period of two year beginning from January 1 2018,the fair value of the shares options would be recognized over the two years on straight line basis,in other words $50,000 is the compensation expense for each i.e $100,000/2.
The appropriate entries would be a credit to paid in capital-share options account and debit goes to compensation expense in both years.
For instance ,2018 entries would:
Dr compensation expense $50,000
Cr paid in capital shares options $50,000
You can price your products, by average, fairness is key!
