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3 years ago

The compensation committee is a _____.

Business

1 answer:

mylen [45]3 years ago

5 0

Answer:

The correct answer is

(D) subgroup of the board of directors that is composed of directors who are not officers of the firm

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Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The

Arturiano [62]

Answer:

fixed costs = $255,000

variable costs = (15,000 / 17,000) x $216,750 = $191,250

Explanation:

A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.

Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.

6 0

4 years ago

What are closing costs?

AlekseyPX

I think it would be c

4 0

3 years ago

Read 2 more answers

What amount of cash would result at the end of one year, if $15,000 is invested today and the rate of return is 8%

Leona [35]

Answer:

Amount of cash at the end of one year is $16,200

Explanation:

Amount invested = $15,000

Rate of return = 8%

Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200

6 0

3 years ago

Match each of the following accounts to its proper balance sheet classification.

arlik [135]

Answer:

Account Balance sheet classification

a. Accounts payable Current liabilities

b. Accounts receivable Current Assets

c. Accumulated depreciation Property,plant and equipment

d. Buildings Property,plant and equipment

e. Cash Current Asset

f. Goodwill Intangible Asset

g. Income taxes payable Current liabilities

h. Investment in long-term bonds Long term investment

i. Land Property,plant and equipment

j. Inventory Current Assets

k. Patent Intangible Asset

l. Supplies Current Assets

8 0

3 years ago

On July 1, 20x1, Fox Co. purchased as a held-to-maturity investment $5,000,000 of Owl, Inc.'s 8% bonds for $4,580,000, including

Dimas [21]

Answer:

The amount fox should report on Dec 31,20x1 = $4,556,500

Explanation:

The carrying amount of bonds = $4,580,000 - $50,000

The carrying amount of bonds = $4,530,000

Amortization of discount from july 1 to dec 31 (6 months):

Interest Revenue = $4,530,000* 10% * 6/12

Interest Revenue= $226500

Interest Receivable = $5,000,000 * 8% * 6/12

Interest Receivable = $200000

Discount amortized =Interest Revenue - Interest Receivable

Discount amortized = $226500 - $200000

Discount amortized = $26500

So:

The amount fox should report on Dec 31,20x1 = $4,530,000 + $26500

The amount fox should report on Dec 31,20x1 = $4,556,500

4 0

3 years ago