<span>If the ending balance is $59,000, and this is increased by $11,000 over last year, then the beginning balance is $59,000 - $11,000 = $48,000. Add to the beginning amount the supplies purchased: $48,000 + $260,000 = $308,000. Again, since the ending balance is $59,000, we subtract this to get the difference, which will equal the expenses for the year: $308,000 - $59,000 = $249,000.</span>
Answer:
PAYBACK PERIOD
Year Cashflow Cummulative cashflow
$ $
0 (16,000) (16,000)
1 8,000 (8,000)
2 6,000 (2,000)
3 5,000 3000
4 6,000
5 5,000
Payback period
= 2 years + 2,000/5,000
= 2.4 years
Explanation:
In this case, we need to deduct the initial outlay from the cashflows for each year until the initial outlay is fully recovered.
Employee stock option plans represents long term company
wide incentive plan that provides employees with the option to purchase
ownership in the company. Many companies use employee stock options plans to
compensate, hold, and recruit employees. These are
contracts between an employer and its employees that give employees the ability
to acquire a particular number of the company's shares at a fixed price.
Answer:
so here correct option is E Depreciation on equipment
Explanation:
given data
no of unit sold = 10000 units
sales decrease = 15%
solution
Depreciation on equipment cost will not change because
Depreciation on equipment is assumed to be fixed in nature
and it is not change with increase or decrease in sales
and all other cost given here is variable in nature and it depend upon sales or an production
so here correct option is E. Depreciation on equipment
Even after commencement of business operations, officers and directors have a responsibility to comply with <u>corporate formalities.</u>
Corporate formalities is a term that is used to refer to the operating rules and guidelines that a corporation or business has to or must follow so as to meet its operational requirements. This in turn allows it to maintain the corporate protections that it enjoys.
Corporation refers to an entity that enjoys the backing of a law. It is separate from the directors or owners of the company.
It has the responsibility to comply with the rules and regulations so as to have a proper corporate functioning.
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