This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.
Answer:
$400,000
Explanation:
The compensation expense to be recognized in 2021 is portion of the options value for one year.
Total value of the options=200,000*$6=$1,200,000
Compensation expense per year=fair value of the options/vesting period
fair value of the options is $1,200,000
vesting period is 3 years
compensation expense per year=$1,200,000/ 3 years=$400,000
The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3
Answer:
A is the correct option.
Explanation:
Lease payment is similar to rent which is dictated under the contract between the two parties, which grants participants the legal right for using the real estate holding computers, software and other assets for a specified period of time. The time period for paying lease payment can range a monthly basis to long lengths of 100 years or more. The lease payment is decided by factors such as assets' value, discount rates, and the lessee's credit score.
Answer:
B) no more than 9%
Explanation:
The computation of the rate of interest is given below:
Given that
Initial Cost = $500
Yearly Yield = $200
Based on the above information
Let us assume the rate of interest be 10%
So,
PV at 10% is
= - $500 + $200 ( P/A , 10% , 3 )
= -$500 + $200 ( 2.487 )
= - 500 + 497.4
= -2.6
As we can see that the at 10% there is a negative value and if we take more than 10% so again it would be the negative value
Now
Let us assume the rate of interest be 10%
So,
PV at 8% is
= - $500 + $200 ( P/A , 8% , 3 )
= -$500 + $200 ( 2.577 )
= -$500 + $515.4
= $15.4
So the rate of interest would not be more than 9%
Your answer should be 90 percent.
