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Answer:
The answer is C.
Explanation:
Stock options a type of contingent reward given to CEOs, top management or atimes workers of a company as an incentive to align their goals with the goals of the shareholders. Most times, the goals of management is different from goals of the shareholders. These people are called option holders.
Stock options are priced at a particular share price. If the share price for the company is within the range of the stock options price, the management will exercise this option.
Answer:
D. $38,000
Explanation:
The formula to compute the accounting profit is shown below:
Accounting profit = Annual revenue - Explicit cost
= $52,000 - $14,000
= $38,000
It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.
The machine's annual depreciation costs are calculated by dividing the machine's purchase price by its installation cost over a 5-year period:Depreciation costs equal (10,700,000 + 56,000) / Number of Years divided by five, or $2,151,200.
The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are. The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost." Businesses and private individuals can calculate an asset's useful worth using the depreciated cost technique of asset appraisal.
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Yes audit service is needed in the Union government of this school called Auchi polytechnic.
<h3>What is audit?</h3>
This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.
It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.
It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.
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