Answer: d. A provision related to the achievement of certain performance criteria
Explanation:
While compensatory plans are used in order to compensate the employees of a particular company, the noncompensatory stock option is one whereby the employees of a company are allowed to purchase the stock of that company at a particular price t a specific price and at a particular time period.
Some of its characteristics include:
• participation by substantially all full-time employees who meet limited employment qualifications.
• equal offers of stock to all eligible employees.
• a limited amount of time permitted to exercise the option.
Option D that "provision related to the achievement of certain performance criteria" isn't a characteristics. Therefore, D is the answer.
Answer:
3000* (1+ 0.06) (that little 1 at the corner there <)
= $3,180
3,180 - 3000 = $180 first year
180/12 =$15 per month
The formula is
Principal (money borrowed/3000$) times/*/x (1+ rate (0.06) ) to the power of 1
Please correct me if i got it wrong i’m studying this in class too.
Explanation:
Answer:
Following are the journal entries
Explanation:
Z-mart uses perpetual inventory system. To enter the selected credit card transactions, the journal entries are;
No Date General Journal Debit Credit
1 Apr 30 Accounts receivable 1000
Sales 1000
2 Apr 30 Cost of goods sold 650
Merchandise inventory 650
3 May 31 Accounts receivable 4
Interest revenue 4
Answer:
$5,000= ending inventory
Explanation:
Giving the following information:
Gross margin is normally 40% of sales.
Sales= $25,000
beginning inventory= $2,500
purchases= $17,500
First, we need to determine the cost of goods sold:
COGS= 25,000*0.6= 15,000
Now, using the following formula, we can calculate the ending inventory:
COGS= beginning inventory + cost of goods purchased - ending inventory
15,000= 2,500 + 17,500 - ending inventory
5,000= ending inventory
Answer:
b . reship or store the goods for the seller.
Explanation:
Usually when a buyer rejects goods, in this case, Oh! Wow! Markets, Inc., it is their duty to notify the seller Poultry Processing Corporation of their reason for the rejection of non--perishable canned turkey, wait for instructions from Poultry Processing Corporation and then provide them with detailed list of defects.
Unfortunately, Poultry Processing Corporation is yet to send instructions on what to do to Oh! Wow! Markets, Inc.. If the good were perishable Oh! Wow! Markets, Inc. would have sold them and demand indemnity from Poultry Processing Corporation.
But since the goods are non-perishable, Oh! Wow! Markets, Inc is only left with two options, which are reship the shipment of canned turkey to Poultry Processing Corporation or store the shipment of canned turkey pending when Poultry Processing Corporation finally sends instructions on what to do.