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Tcecarenko [31]
2 years ago
7

Using scenarios to help recognize outcomes and plan better falls under the critical thinking idea of

Business
1 answer:
Yuki888 [10]2 years ago
8 0
The answer for this qeustion is: Thinking in time
By using scenarios, we can formulate several outcomes that could possibly happen if we decided to follow a certain plan. 
If we do this, we could prepare our actions on how to deal with those outcomes before it actually happens in real life.
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LCI Cable Company grants 2.9 million performance stock options to key executives at January 1, 2021. The options entitle executi
DanielleElmas [232]

Answer:

On the date of grant of options-January 1 2021 no entries are required yet in the books of accounts

Explanation:

The value of the options granted to the key executives is computed as follows:

total options fair value=number of shares *current fair value per option

number of shares granted is 2.9 million

current fair value per option is $20

total options fair value=2,900,000*$20

                                    =$58,000,000

the total options value would recognized in the books over four year period on straight line basis =$58,000,000/4

                                   =$14,500,000

At 31 December 2021 for instance,the following entries would be passed:

Dr Compensation expense        $4,500,000

Cr Paid-in capital-stock options                       $4,500,000

However, on the date of grant of options-January 1 2021 no entries are required yet in the books of accounts

5 0
2 years ago
HS 101 Intro to Economics Quiz
dem82 [27]

Answer:

1. B

2. A

3. B

4. C

5. B

6. A

7. D

8. C

9. B

10. A

11. A

12. C

13. D

14. B

15. B

16. C

17. A

18. B

19. A

20. D

7 0
2 years ago
White Company manufactures furniture. Assume the following information: Manufacturing overhead is allocated based on machine hou
Lorico [155]

Answer:

overhead rate: 15

applied overhead 30,000

underapplicatio for 1,000

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

The manufacturing overhead rate is determinate by dividingthe total expected cost  by a cost driver. In this case, the machine hours.

estimated cost 150,000

expected machine hours 10,000

predeterminate overhead rate = 150,000/10,000 = 15

Next, to allocate cost, we multiply the actual value fo the cost driver by the rate

actual machine hours x MO rate

2,000 x 15 = 30,000 applied overhead.

Last, we compare with the actual overhead to determinate over or underapplied overhead:

applied - actual

30,000  -  31,000  = -1,000

Thew overhead was underapplied, as the cost were for 31,000 but we only recognize 30,000

3 0
3 years ago
9. An arrangement that maintains the power of attorney in the event that the principal becomes
Lelu [443]

<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.

8 0
3 years ago
Many firms advertise. What effect does advertising have on firm​ profits? One possible effect of advertising is to:_________
spayn [35]

Answer:

Option b: Increase profits by shifting the demand curve for the product to the right

Explanation:

Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.

Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.

effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.

Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.

6 0
2 years ago
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