Answer and Explanation:
1.
5 million shares granted ×$9.00=$45,000,000
2. No entry is made on the grant day.
3-5 )Dr compensation expenses 15
(45 million ÷3 years)
Cr Paid in capital-restricted stock 15
Note: The entry is the same for years 2021 to 2023
6. Dr Paid in capital-restricted stock 45
Cr Common stock($5 million share×$1 par)
$5
Cr Paid in capital - excess of par (Remainder) $40
Answer:
The <u>CYCLICAL</u> unemployment rate while Economy X is <u>GROWING IS</u> 0%. The 5% unemployment rate is due to structural and <u>FRICTIONAL</u> factors.
Explanation:
there are basically three types of unemployment:
- Frictional unemployment: voluntary and takes place when someone quits his/her job because they want to find a better job.
- Structural unemployment: is not voluntary and happens when the workers do not possess the required skills to fill vacant jobs.
- Cyclical unemployment: is not voluntary and happens when the economy is contracting and the businesses are forced to lay off workers.
A.
because it could be like a baby toy and the first question you ask would be when can i buy it
Answer: c. Country X
Explanation:
Under the Citizenship approach to tax jurisdiction, income accrued will be taxed in the country the company is incorporated in as it is viewed as a "company citizen" of that country.
As such, the dividends in the question will be taxed in Country X which is where Company A was incorporated.
Answer:
D. Limited Partnership
Explanation:
Sole proprietorship is business owned , run & managed by single owner. Partnership is a business owned , run & managed by small group of people - deciding to share its profits .
Entrepreneurs in these have Unlimited Liability on personal assets, in case business assets are insufficient to settle business liabilities .
Corporation is a separate legal entity, distinct from its huge group of owners , guided by a board of directors. In case of any claim / sue case : it is against corporate entity & not the people, so they don't have any unlimited liability risk on personal assets to fulfil company's claims .