Excise taxes are collected by which levels of government? i. Local government ii. State government iii. Federal government

In a compensatory stock option plan for which the grant and exercise dates are different, the stock options outstanding account

NeTakaya

Answer:

The correct answer is D

Explanation:

The compensatory stock option is the option which is given or provided to the employee, providing the ability for purchasing the certain number of the shares of the company at the price which is the pre- determined one along with the pre- determined range of the date.

And the stock options which have the outstanding account that should be decreased or reduced at the date of exercise.

3 0

3 years ago

What is the best conclusion that can be drawn from the information in the chart?

svet-max [94.6K]

Deciding when to refinance your mortgage means considering your personal situation, the prevailing interest rate environment — and something that really hits close to home: fees.

It’s common to pay as much as 3-6% of your outstanding principal in mortgage refinance fees, though the total can vary by state and by lender. It’s not a massive single charge, but a pile of small costs that quickly add up. If you decide to lock in a new, lower mortgage rate here are the hidden fees to watch out for.

A down payment on a house is a key first step in buying and owning your own home. If you're new to the housing market, you might be completely lost and not know where to start.

For a $300,000 home, you can expect to pay $6,000 to $10,000 in closing costs. These costs can include one-time fees like the following:

• Appraisal fee: the professional estimate of the home’s value.

• Survey fee: the cost for verifying a home’s definitive property lines.

• Wire transfer fee: the charge to wire funds to purchase the home.

• Underwriting and origination fees: the charge associated with evaluating, verifying and processing the loan application.

• Document prep fee: the cost associated with prepping your loan documents for processing.

• Discount points: paid at the time of the deal to lower the interest rate on your mortgage.

• Credit report fee: the charge for pulling your credit history and scores.

• Title insurance: a must-get policy that protects you in case the seller doesn’t have full deed and authority to the property.

• Recording fees: government fees for entering new property records.

7 0

3 years ago

Read 2 more answers

Fullerton Waste Management purchased land and a warehouse for $610,000. In addition to the purchase price, Fullerton made the fo

iragen [17]

Answer:

Capitalized cost of land = $455,700

Capitalized cost of building = $ 195,300

Explanation:

All the costs of purchasing the land and warehouse should be capitalized so we first have to sum all the costs

Cost of land and warehouse $610,000

+

Brokers comission $31,000

+

title insurance $3,500

+

miscellaneous closing costs $6,500

------------------

Total cost to be capitalized $651,000

Then you must devide into cost of land and cost of building

For this we will use the independent appraisal estimates

Land $497,000/($497,000+$213,000)=0,7

Building $213,00/($497,000+$213,000)=0,3

Then Capitalized cost of land would be $651,000*0,7=$455,700

Capitalized cost of building would be $651,000*0,3=$195,300

3 0

3 years ago

A company uses sugar in producing its product. If the price of sugar doubles, which variance is directly impacted?A) Direct mate

Nastasia [14]

Answer:

B) Direct materials price variance

Explanation:

Company uses sugar while producing a product, that means it is a direct material for the product, further provided that cost gets doubled of buying a unit of sugar, that is actual rate is now twice of earlier rate.

Therefore since only direct material price variance uses actual rate it will be affected.

Direct Material Price Variance = (Standard Price - Actual Price) $\times$ Actual quantity.

Else labor variance does not use direct material price, therefore option C) and option D) are invalid further direct material quantity variance uses standard rate and no actual rate is used.

Therefore correct option is

D) Direct Material Price Variance

5 0

4 years ago

You are bullish on Telecom stock. The current market price is $100 per share, and you have $15,000 of your own to invest. You bo

likoan [24]

Answer:

10%

Explanation:

Value of investment in the beginning = $30,000

Value of investment at the end = $30,000 (1 + 0.08)

= $30,000 × 1.08

= $32,400

Interest paid = $15,000 × 6%

= $900

Rate of return:

$=\frac{Value\ at\ the\ end-Value\ in\ beginning-Interest}{Total\ amount-Borrowed\ amount}\times100$

$=\frac{32,400-30,000-900}{30,000-15,000}\times 100$

$=\frac{1,500}{15,000}\times 100$

= 10%

Rate of return is 10% if the price of Telecom stock goes up by 8% during the next year.

7 0

3 years ago