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Svetradugi [14.3K]
3 years ago
6

To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly fro

m the company through payroll deduction. There are no brokerage fees and shares can be purchased at a 15% discount. During May, employees purchased 10,000 shares at a time when the market price of the shares on the New York Stock Exchange was $15 per share. KL will record compensation expense associated with the May purchases of:
Business
1 answer:
Norma-Jean [14]3 years ago
3 0

Answer:

$22,500

Explanation:

KL Corp

Cash ($15×$10,000 85%) $127,500

Compensation expenses ($15×$10,000×15%) $22,500

Common stock ($15×$10,000) $150,000

Therefore KL will record compensation expense associated with the May purchases of $22,500

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Which of the following tools is an example of monetary policy?
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Answer:

Explanation:

B C and D have become tools that have been tried.

Deficit spending is a budget/government policy. Its use should be very limited.

Same with Increased Government Spending. FDR was the master at controlled government spending.

Reducing income taxes is another government policy.

So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.

4 0
3 years ago
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Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming
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The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

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This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

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Read more about budgetary slack

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2 years ago
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Suppose the United States is currently producing 200 tons of hamburgers and 60 tons of tacos and Mexico is currently producing 4
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Answer:

Explanation:

United States is producing 200 tons of hamburgers and 60 tons of tacos.

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= \frac{60}{200}

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United States' opportunity cost for producing 60 tons of tacos.

= \frac{200}{60}

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So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.

Mexico is producing 40 tons of hamburgers and 50 tons of tacos.

Mexico's opportunity cost of producing a ton of hamburgers

= \frac{50}{40}

= 1.25

Mexico's opportunity cost of producing a ton of tacos

= \frac{40}{50}

= 0.8

So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.

Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.

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3 years ago
The term that best matches the description given.
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