Answer and Explanation:
As per the data given in the question,
1)
Fair value per share = $20.4
Number of Share = 2 million
Fair value of award = Fair value per share ×Number of Share
= $20.4 × 2 million
= $40.8 million
2) No Entry
3)
Compensation expense($40.8 million÷4 years) $10.2 million
To Paid in capital - restricted stock($20.4-$10.2) $10.2 million
(Being the compensation expense is recorded)
4)
Fair value per share = $20.4
Share granted = 2 million
(100%-10%) forfeiture rate = 90%
fair value of award = $20.4×2×90%
= $36.72 million
So all you do it go to the answer key a question like that
Answer:
C. 95380 equivalent units
Explanation:
Equivalent units is the term used for proportionately equally completed units. This is basically used for allocation of overheads.
Here, actually completed that is 100% complete units = 85,500 units
Further units under work in process = 49,400
Which are 20% complete.
This means that incomplete 49,400 units = 49,400
20% = 9,880 units 100% complete
Thus, total equivalent units = 85,500 + 9,880 = 95,380 units.
The portion of the second monthly payment made on January 31, 2021, which represents repayment of principal is $15600.
<h3>
Mortgage liability </h3>
Mortgage liability limits the liability of potential third parties who were not involved when the mortgage was arranged. For example, if a mortgage is in arrears, the debtor has to pay the outstanding principal and interest, plus late payment and other charges.
<h3>
What is mortgage asset or liabilities?</h3>
A current liability for
1) the principal payments that will be coming due within one year after the balance sheet date, and
2) any accrued interest that is owed as of the balance sheet date.
To learn more about current liability visit the link
brainly.com/question/14287268
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