Answer:
$8,000
Explanation:
The following compensation cost shall be recognised in the accounts of the Company as at December 31, Year 1 in respect of employee share options:
5,000*8*1/5=$8,000
In the above calculation, 5000 represents number of share granted to employee,8 represent the fair value of the option at the grant dated and 1/5 represent first year of the 5-year requisite service condition for the exercise of share options.
To solve for the cross-price elasticity of demand:
Take the quantity of the diamonds demanded and divide it by the decrease in the price of sapphires.
Cross-price elasticity of demand = 15/25
Cross-price elasticity of demand = 0.6
When you are solving for the cross-price elasticity of demand, you are seeing the response to the demand of a item when price changes for another good.
Answer:
According to studies of human decision-making, the most likely is:
c. After reading the article, all members of the group oppose capital punishment.
Explanation:
The article, provided for reading by supporters and opposers, will likely sway the 40% of the group, who are initially supportive of capital punishment, to now oppose capital punishment,especially if the article critically opposes capital punishment. There is no way majority of the group will support capital punishment. Therefore, options a and b are incorrect. For option d, after reading the article, the opinions of some opposers and supporters may shift either way. They will not remain the same as before. This rules out option d, leaving only option c as the correct option.
Answer:
1. $173,500
2. $ 71,000
Explanation:
Requirement 1: Solution
We can calculate the fair value of new parcel of land just by adding the current market price with additional cash paid to complete the transaction
Fair Value = Current market price + cash paid additionally
Fair Value = $150,000+$23,500
Fair value = $173,500
Requirement 2: Solution
We need to calculate Gain/loss on exchange first in order to record them on books. This can be done by just subtracting the land's book value from the current market price of land
Gain/loss on exchange = Current market price - book value
Gain/loss on exchange = $150,000 - $79,000
Gain/loss on exchange = $71,000
Entries: Debit Credit
New land $173,500
Old land $79000
Cash $23,500
Gain $71,000
