Answer:
180 000 common stock shares outstanding
Explanation:
preference shares are not used in calculating earning per share. Earning per share is the part of the firm's profit that is attributed to common stock shares. It is an indicator of financial strength of a company. It also shows the intrinsic value of the company's shares. This can be used to determine if a share is overvalued or under valued in the equity market.
The company has 120, 000 common stock shares and issued additional 20,000 common stock shares totaling 180,000 common stock shares.
Answer:
The answer is 2. Ten percent of the principal of the loan
Explanation:
By law, maximum commissions for first trust deed loans are at :
- 5% of the principal for loans less than 2 years or less than 3 years
- 10% of the principal for loans 3years and more.
Second trust deed loans, on the other hand, are stated at 5% for loans up to 2years, 10% for loans between 2-3 years and 15% for loans more than 3 years.
law on property rights is defined as the state government granting power, license, or real property to a private individual or individuals using a land patent
A property's legal ownership and permitted uses are governed by property right law. When it comes to land, it has been noted that theft is common. People who purchase properties often lose them to thieves when they are resold to someone else who is unaware that the property has already been sold to someone else. The property right law was established to stop this circumstance from occurring frequently so that the owner of a plot of land would have the legal right to claim ownership for it and use it for any purpose he desired without fear of it being taken by someone else.
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Answer:
its trade deficit rose
Explanation:
Trade deficit occurs when the imports of a country are higher than the exports. It is called the trade deficit. It means the country is importing more value of goods from other countries and exporting less. When Imports grows higher than the growth in exports, the trade deficit eventually rises.
Answer:
$400,000
Explanation:
The compensation expense to be recognized in 2021 is portion of the options value for one year.
Total value of the options=200,000*$6=$1,200,000
Compensation expense per year=fair value of the options/vesting period
fair value of the options is $1,200,000
vesting period is 3 years
compensation expense per year=$1,200,000/ 3 years=$400,000
The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3