Will give Brainliest Answer! What type of competitive situation is this?

The Public Company Accounting Oversight Board:____.

viva [34]

Answer: C. must report to the Securities and Exchange Commission (SEC) as a matter of federal law.

Explanation:

The Public Company Accounting Oversight Board (PCAOB) is a non-profit organization that was established after the disastrous accounting scandals of the early 2000s and late 1990s involving companies like WorldCom and Enron.

The purpose of the organization is to ensure that the audits of a public company are done in such a way that audit risk is reduced and the audit report is as accurate as possible. Even though they are a non-profit, the Sarbanes-Oxley Act mandates that they report to the SEC which has oversight over them.

3 0

3 years ago

If you were in charge of developing a tax system for a country, how would you structure taxes? For example, who should pay the g

Vesna [10]

1. If I am in charge of developing a tax system for my country, I will structure the tax rate in such a way that, the rich will pay a higher percentage of tax than the poor. This type of tax system is called progressive tax. The income tax for instance will be based on the amount of income that each person earns, thus, those earning higher incomes will pay more tax than those earning lower incomes. Thus, the rich will always pay the greater percentage of taxes.
2. Tax payments should be used for the following:
a. To fund health programs.
b. To fund national defense and security programs.
c. To fund social security programs.
d. To pay interests on national debts.
e. To pay war veterans.
f. To fund educational program.
g. To fund assistance agricultural programs.

7 0

3 years ago

A change in money income of consumers will

Juli2301 [7.4K]

It depends on which way it goes. If the supply increases and prices stay the same, the disposable income increases in a meaningful way. That condition will cause the Fed either to raise interest rates, or the price of goods will respond to the increased demand or a third alternative could be that manufacturers will increase production (not very likely but it could happen).

If the supply of money decreases (by people being laid off for example) then the opposite of all the events listed above will or can occur. The fed could become more accommodating and lower interest rates. The price of good will decrease unless manufacturers increase their inventory (which not really healthy for an economy) or they could decrease production which will further decrease the labor force which will put the economy in an endless vicious cycle -- one no one wants.

4 0

3 years ago

Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at Janu

LenaWriter [7]

Answer:

Pastner Brands

a. Compensation expense related to the options to be recorded each year, allocated with separate tranches:

Vesting Date Amount Vesting Fair Value Compensation

per Option Expense

Dec. 31, 2018 25% = 80,000 $4.00 $320,000

Dec. 31, 2019 25% = 80,000 $4.40 352,000

Dec. 31, 2020 25% = 80,000 $4.80 384,000

Dec. 31, 2021 25% = 80,000 $5.60 448,000

Total 100% 320,000 $1,504,000

b. Compensation expense related to the options, allocated using the straight-line method:

= $376,000

Explanation:

a) Data and Calculations:

Executive stock options issued = 320,000

Options exercise price = $28 per share

Number of tranches for the options = 4

Number of options exercisable in each tranche = 80,000

Vesting Date Amount Vesting Fair Value Compensation

per Option Expense

Dec. 31, 2018 25% = 80,000 $4.00 $320,000 (80,000 * $4.00)

Dec. 31, 2019 25% = 80,000 $4.40 352,000 (80,000 * $4.40)

Dec. 31, 2020 25% = 80,000 $4.80 384,000 (80,000 * $4.80)

Dec. 31, 2021 25% = 80,000 $5.60 448,000 (80,000 * $5.60)

Total 100% 320,000 $1,504,000

Compensation expense, using the straight-line method = $376,000 ($1,504,000/4)

8 0

3 years ago

Contribution Margin and Contribution Margin Ratio

emmainna [20.7K]

Answer:

See below

Explanation:

Variable food and packaging = $6,129.7

Variable payroll = $4,756.0

Variable general, selling and administrative expenses = 40% × $2,487.9 = $995.16

Fixed general, selling and administrative expenses = 60% × $2,487.9 = $1,492.74

Fixed occupancy = $4,402.6

Total fixed cost = $1,492.84 + $4,402.6 = $5,895.34

Total variable cost = Variable food and packaging + Variable payroll + Variable general, selling and administrative expenses

= $6,129.7 + $4,756 + $995.16

= $11,880.86

a. McDonald's contribution margin

= Sales - Variable cost

= $18,169.3 - $11,880.86

= $6,288.44

b. McDonald's contribution margin

= Contribution margin / Sales

= $6,288.44 / $18,169.3

= 34.61%

c. Increase in operating income

= $500 million × 34.71

= $173,050,000

7 0

3 years ago