Which kind of economic system does a socialist country have?

On January 1, 2021, Red Inc. issued stock options for 200,000 shares to a division manager. The options have an estimated fair v

morpeh [17]

Answer:

$400,000

Explanation:

The compensation expense to be recognized in 2021 is portion of the options value for one year.

Total value of the options=200,000*$6=$1,200,000

Compensation expense per year=fair value of the options/vesting period

fair value of the options is $1,200,000

vesting period is 3 years

compensation expense per year=$1,200,000/ 3 years=$400,000

The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3

6 0

3 years ago

Sun-Jun is the executive general manager of a U.S.-based multinational corporation. Marisol is a manager in a similar position b

Norma-Jean [14]

Answer: A. choosing an appropriate mode for entering a particular foreign country

Explanation:

The options to the question are:

A. choosing an appropriate mode for entering a particular foreign country

B. developing a business strategy

C. marketing a product or service

D. adhering to labor and environmental standards

E. maintaining healthy relations with the U.S. government.

From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.

Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.

4 0

2 years ago

If a central bank wishes to reduce inflation, it should announce its intentions and follow through with them, thereby using ____

Mice21 [21]

Answer:

C. credible

Explanation:

A credible monetary policy is the policy where the problem of inconsistency of time can be avoided also the biasness of the inflation also it keeps the inflation under a control.

Therefore in the case when the central bank wants to decrease the inflation so they are using the credible monetary policy

Hence, the correct option is C.

8 0

2 years ago

On December 31, 2021, Sandhill Co. had 1,255,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, sto

Leto [7]

The journal entries for the given transactions are recorded as follows:

1) The issue of preferred stock is recorded by debiting the cash account by $14,560,000 and crediting the preferred stock and additional capital by $13,000,000 and 156,000.

2) The repurchase of common stock is recorded by debiting the treasury stock and crediting the cash with the same amount of $223,200.

3) The dividend declared on preferred stock is recorded by debiting the retained earnings and crediting the dividend payable with equal amounts of $910,000 and at the time of making payment of dividends to preferred investors, the dividend payable should be debited and cash should be credited with same amounts of $910,000.

4) The dividend declared on common stock is recorded by debiting the retained earnings and crediting the dividend payable with equal amounts of $2,101,880. The dividends to common investors are recorded by debiting the dividend payable and crediting the cash with equal amounts of 2,101,880.

5) The transfer of net income at year-end is recorded by debiting the net income and crediting the Retained earnings with equal amounts of $3,546,000.

<h3>What are the journal entries?</h3>

Journal entries are used to recognize the transactions of financial nature as and when entered by an entity. It is the primary step in the accounting process.

The journal entries for the provided transactions are as follows:

Date Particulars Debit ($) Credit ($)

Jan 10 Cash Account (130,000 shares X $112 ) 14,560,000

Preferred Stock (130,000 shares X $100) 13,000,000

Additional capital (130,000 shares X $12) 156,000

(To record the issue of preferred stock )

Feb 8 Treasury stock (18,600 shares X $12) 223,200

Cash 223,200

(To record the repurchase of common stock )

May 9 Retained earnings (130,000 X $100 X 7%) 910,000

Dividend payable 910,000

(To record the dividend declared on preferred stock )

Jun 8 Retained earnings(1,255,000-18,600 X $1.70) 2,101,880

Dividend payable 2,101,880

(To record the dividend declared on common stock )

Jun 10 Dividend payable 910,000

Cash 910,000

(To record the payment of preferred dividends)

July 1 Dividend payable 2,101,880

Cash 2,101,880

(To record the payment of common dividends)

Dec 31 Net income 3,546,000

Retained earnings 3,546,000

(To record the transfer of net income at year-end)

Therefore, the journal entries for the provided transactions are recognized as above.

Learn more about the journal entries in the related link:

brainly.com/question/16171837

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3 0

2 years ago

What is the ergonomically optimum body posture for performing all physical jobs?

mojhsa [17]

<u>Answer:</u>

Mid - Range

<u>Explanation:</u>

Ergonomics is the study of correct posture of body. It helps employees to work with ease and comfort. It provides correct chair height, adequate spacing for the legs. Employees feel stressed out by working for hours in the same position, correct posture can help them ease their joints and stretch. It helps in increasing their productivity and also reduces the risk of musculoskeletal injuries.. An uncomfortable workplace can create health issues, like eye strain and muscle strain.

5 0

3 years ago