Answer:
Option (b) is correct.
Explanation:
Sale of share = NQOs received × No. of shares × Selling price per share
= 10 × 8 × $22
= $1,760
Gain realised:
= Sale of share - Basis
= $1,760 - [NQOs received × No. of shares × Selling price per share at $15]
= $1,760 - [10 × 8 × $15]
= $1,760 - $1,200
= $560
Tax paid = Gain realised × preferential rate
= $560 × 15%
= $84
Answer:
It is preferable to further process Product A.
Explanation:
Product should be processed further before sale if the net incremental benefits from further processing is positive.
The net incremental benefits from further processing is increase in revenue when further processed less further costs of processing.
Increase in revenue=$58,000-$40,000
=$18,000
Further processing costs=$15,000
Net incremental benefits=$18,000-$15,000
Net incremental benefits=$3,000
Since processing further brings a net benefit of $3,000, Product A should be further processed before being sold.
Answer:
The journal entry for J. Laney to record this transaction is
Dr legal expenses $12,990
______Cr Common stock $3,100
_______Cr Share premium $8,990
Explanation:
The common stocks are carried at par value of $1. This implies that any price paid in excess of the par value is made provision for in the share premium account.
Again, the common stocks issued are measured at the price required to settle the legal expenses and are paid in excess of par value of $1.
Share premium = ($3.90 - $1) × 3,100
Share premium = $8,990
Answer: discrimination, unions, unemployment and income inequality
Explanation:
All of these factors can affect the labor market because they are all subject to how the market holds up and what is needed to keep their employers wanted/happy.
