Answer:
$120,000
Explanation:
Given that,
stock options = 90,000
Each option can be exercised to acquire one share of $1 par common stock for $12.
Total Value of the option = stock options × fair value of the options
= $90,000 × $5
= $450,000
company to estimate that 10% of the options would be forfeited, so,
= 90% of Total Value of the option
= 0.9 × $450,000
= $405,000
2 out of 3 years = $405,000 × 2/3
= $270,000
= $150,000
Compensation expense (2019) = $270,000 - $150,000
= $120,000
Answer:
$594.57
Explanation:
For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment below:
Given that,
Present value = $31,000
Future value or Face value = 0
Rate = 5.67% ÷ 12 months = 0.4725
NPER = 5 years × 12 = 60 years
The formula is shown below:
= PMT(RATE;NPER;-PV;FV;type)
The present value come in negative
So, after applying the formula, the monthly payment is $594.57
The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.
<h3>What is the selling price?</h3>The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
Learn more about selling price, here: