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3 years ago

Which of the following is the number of people receiving Social Security payments? 55 million 58 million 66 million 71 million

Business

2 answers:

SVETLANKA909090 [29]3 years ago

3 0

the answer is 66 million people

SSSSS [86.1K]3 years ago

3 0

Answer: 66 million

Explanation:

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Under its executive stock option plan, N Corporation granted options on January 1, 2021, that permit executives to purchase 12.0

AveGali [126]

Answer:

N. Corporation

The effect on earnings in the year after the options are granted to executives is a reduction in the net income by $16 million because of the Compensation Expense that will be recorded.

The journal entry on December 31, 2021 (a year after) is:

Debit Compensation Expense $16,000,000

Credit Stock Options $16,000,000

To record compensation expense.

Explanation:

a) Data and Calculations:

Options grant date = January 1, 2021

Options granted = 12.0 million shares

Options vesting date = December 31, 2023

There are 3 years before the vesting date

Fair value of the options = $4

Therefore, Total Compensation Expense = Options granted*Fair value per option

= 12,000,000 * $4

= $48,000,000

Annual compensation expense from 2021 to 2023 = $48,000,000/3

= $16,000,000

8 0

3 years ago

Barker Company paid cash to purchase two identical inventory items. The first purchase cost $18.00 cash and the second cost $20.

Virty [35]

Answer:

The correct answer is D

Explanation:

Cash flow method is the method where the costs or the expenses are moved or shifted from the starting to the end of the firm. The flow of expenses does not apply to the inventory but also involve the other factors in the extra processes to which the cost is attached.

So, the baker purchased the inventory items at different prices and then the sold the one inventory item at profit, so the amount of the cash flow from the operating activities will not affected through the method of cash flow.

8 0

3 years ago

A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities compa

marissa [1.9K]

Answer: True

Explanation: Because the company is the sole supplier of electricity in this market, they have all the market power. Market power is the ability the company has to manipulate the market by influencing prices, the level of supply it provides and thus the demand within that market. Companies within markets such as these are known as "price makers", because they are able to change prices of their goods without losing market share.

Because the public utilities company is the sole provider of electricity within this market, they have no pressure or competition from other suppliers within the market. Therefore they have the market power to freely charge higher prices by limiting the supply of electricity. Or charge lower prices by over supplying electricity to consumers.

7 0

3 years ago

Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25

Goshia [24]

Answer:

tax (5.0%) $___

State income tax (5.6%)

Minus total withholding -$___

Biweekly net pay

Explanation:

and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250

8 0

3 years ago

An accounting system must be able to a.collect and classify information. b.summarize information. c.report information. d.All of

Vikentia [17]

Answer:

The answer is D.

Explanation:

The chronological order of Accounting System is:

Collecting of information

Classifying of information

Summarizing of information

Reporting a business financial

and operating information.

You can see all the options are in the chronological order of accounting system. Therefore, all of the above is correct.

5 0

3 years ago