Capitalism is the greatest system in the world. A system that merits the individual according to his own creative ideas and ways to make money. By producing or offering a service that the public wants and pays voluntarily for. In a free and open competitive society the consumer will always benefit. What's bad are monopoly's which can only exist though the assistance of government where the consumer has no choice but to submit to the only ONE producing the product or service. Capitalism is the greatest.
Answer:
the total compensation cost is $75,000
Explanation:
The computation of the total compensation cost for this plan is shown below:
Total compensation cost = option granted × fair value of each option
total compensation cost = 75000 × $1
total compensation cost = $75,000
Here to determined the total compensation cost we simply multiplied the option granted with the fair value of each option so that the correct amount could come
Therefore the total compensation cost is $75,000
Answer:
$38,061
Explanation:
Calculation for the Cash and Cash Equivalents on December 31
Money market fund balance $ 2,910
Cash in bank account $ 23,631
Cash in petty cash fund $ 320
Treasury bill purchased $11,200
Total=$38,061
Therefore Birch Company should report Cash and Cash Equivalents on December 31 of: $38,061