The total compensation cost pertaining to the restricted shares equals to the amount of $48 million.
<h3>What are
compensation cost?</h3>
Also known as compensation expenses, include the recruiting costs, salaries, payroll taxes, benefits and bonuses. They form the significant part of a company's operating costs, which means that it affects corporate profitability.
According to the scenario, we will calculate the total compensation cost pertaining to the restricted shares by using following formula. Total Compensation Cost Pertaining to the Restricted Shares:
= Common Share × Market Price Per Share
= 8 million × $6
= $48 million
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Answer:
d. $42,000
Explanation:
Calculation for what was the estate's distributable net income (DNI)
ESTATE'S DISTRIBUTED NET INCOME
GROSS INCOME:
Taxable interest $65,000
ESTATE DISBURSEMENTS:
Less Administrative expenses ($14,000)
Less Charitable contributions from gross income ($9,000)
DISTRIBUTED NET INCOME (DNI) $42,000
($65,000-$14,000-$9,000)
Therefore the estate's distributable net income (DNI) will be $42,000
Answer:
The correct answer is letter "A": Countertrade arrangement.
Explanation:
A countertrade arrangement is a type of trade based on bartering where countries exchange goods or services they produce without any currency involved in the transaction. The disadvantage of this mechanism relies on the complexity of setting a standard value for the goods being traded.
Answer:
it is frequently because of the non controlling interest, as these amounts do not appear on the separate companies' general ledgers.
Explanation:
Under consolidation where the investment in a company is not 100% and the investment is in between 50 - 100% then there is a minority interest calculated.
This is shown as a part of liability in the balance sheet.
Minority interest reflects the balance of non controlling interest in the company, and that it is a complete balance sheet part and is not stated in the income statement of the company.
As this is not a part of general accounting transaction it is not reflected in general ledger, and thus, it is the figure that is generally not stated in the consolidated balance sheet, which leads to mismatch the balance sheet.