Answer:
B. $1,989.75
Explanation:
Cost of option (C) = $510.25
Option selling price (Po) = $85 per share
Share price when selling (Ps) = $60 per share
Number of shares (n) = 100 shares
Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:
To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:
Answer:
To make sure they have experience and know what they are doing
Answer:
a. sharing information across the organization
Explanation:
A franchise is an organisation that is authorised to use the brand of another to conduct business. The parent company provides support such as information about the brand and their business activity, and training to the franchise.
In the given scenario Mary Grey was surprised to find customers asking for specials she hadn't been informed of in advance.
This is a failure in the function of sharing information across the organisation.
Ideally information.on products and various campaigns should be first communicated to the franchises before they get to the customer
Answer:
The debit in the journal entry to record sale is Accounts receivable debit by $24700.
Explanation:
The gross method requires a company to record the sale at the gross value i.e. without deducting the discount allowed. Thus, under Gross method, the sale is recorded at its actual value. The entry to record this sale is:
Accounts Receivable 24700 Dr
Sales revenue 24700 Cr
Thus, in this entry under gross method, the debit is Accounts receivable by $24700.
Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.
- Net income is simply known to be the gross profit and removing all other expenses, costs and any other income and revenue sources that are not included in gross income.
A lot of other costs is often removed from gross to make it be at net income. They include interest on debt, taxes, and operating expenses or overhead costs.
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