Answer:
Security and Exchange Commission (SEC).
Explanation:
The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.
In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.
The body that has the power to prescribe the accounting practices and standards to be employed by companies that fall under its jurisdiction is the SEC.
Answer:
the amount of the interest expense is $20,000
Explanation:
The computation of the amount of the interest expense is shown below;
= Interest expense × total tax book value ÷ (total tax book of U.S + total tax book value of its foreign production assets)
= $100,000 × $5,000,000 ÷ ($5,000,000 + $20,000,000)
= $100,000 × $5,000,000 ÷ $25,000,000
= $20,000
hence, the amount of the interest expense is $20,000
Answer:
a leftward shift of the demand curve for CDs.
Explanation:
Most economists use the aggregate demand and aggregate supply model primarily to analyze short-run fluctuations in the economy.
This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country.
Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.
Aggregate demand (AD) can be defined as the total quantity of output (final goods and services) that is demanded by consumers at all possible price levels in an economy at a particular time.
On a standard Aggregate demand (AD)-Aggregate supply (AS) curve, the y axis denotes the Price (P) of goods and services while the x axis typically denotes the Output (Q) of final goods and services.
In the short-run, a rightward shift in the aggregate supply (AS) curve causes output to increase and result in a price fall (lower price) while a rightward shift in the aggregate demand (AD) curve also cause output to increase and rise in prices.
In this scenario, consumers have been buying fewer CDs as downloadable music has become easier to purchase and use. We would represent this as a leftward shift of the demand curve for CDs.
Answer:
$121,500
Explanation:
The calculation of compensation expense is shown below:-
Number of shares vested in 2022 = Issued shares × Percentage vesting shares × Fair value per option
= 40,500 shares × 30% × $10
= $121,500
By multiplying the issued shares with the percentage vesting in shares and the fair value per option we can get the compensation expense