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3 years ago

A trait is quality of your own character. True or false

Business

2 answers:

Semenov [28]3 years ago

6 0

True. Traits are similar to characteristics of a character

cricket20 [7]3 years ago

6 0

Answer:

True

Explanation:

A trait defines who you are

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Please help me!!! Click here for question!

olga_2 [115]

Answer:

I think maybe B?

Explanation:

I am not sure so I think its b

5 0

3 years ago

Read 2 more answers

Horrocks Company granted 180,000 restricted stock awards of its no par common shares to executives, subject to forfeiture if emp

My name is Ann [436]

Answer:

c. 120,000 shares

Explanation:

$\frac{No adjustment to the numerator}{180,000-60,000= 120,000}$

*Assumed purchase of treasury shares

$600,000

// $\frac{10}{60,000}$

Note: The proceeds also must be increased (or decreased) by any tax benefits that would be added to (or deducted from) paid-in capital when the eventual tax deduction differs from the amount expense, the "excess tax benefit." Since that occurs when the stock price at vesting differs from the stock price at the grant date, the fact that the market price remained at $10 avoided that issue.

3 0

3 years ago

In 2015, the city of Berkeley instituted a tax on sugar-sweetened sodas. Suppose that the tax increased the price of a typical s

DedPeter [7]

Answer:

(g) Between 0 and -S7.5k because residents can substitute to other products

Explanation:

Data given in the question

Increase in price of typical soda = 10 cents

Total consumed = 150,000 sodas [er day

Dropped quantity = 75,000 sodas

So by considering the above information, the per day compensating variation of the tax varies from 0 and - 7,500

Since the sugar sweetened sodas is treated as a normal goods. Moreover, people can substitute the other goods also if there is an increase in a price of the good

The -7,500 is come from = (-75,000 × 0.10)

The options are as follows

(a) Greater than -$15k because soda is a luxury good with income (b) -$15k because that is the old consumption level times the value of the tax (c) Between -S7.5k and -$15k because soda is a luxury good elasticity > 1 with income elasticity >1 (d) Between -$7.5k arti -$15k because residents can substitute to other products (e) -$7.5k because that is the new consumption level times the value of the tax ()-$7.5k because that is the change in consumption times the value of the tax (g) Between 0 and -S7.5k because residents can substitute to other products (h) Between 0 and -$7.5k because because beverages are typically necessity goods with 6) Nothing because there was no effect on income G) It is impossible to say without knowing consumers' marginal rate of substitution income elasticity less than 1

8 0

4 years ago

Warner Company purchases $50,100 of raw materials on account, and it incurs $62,800 of factory labor costs. Supporting records s

a_sh-v [17]

Answer:

[Debit] Work In Process : Assembly Department $47,064

[Debit] Work In Process : Finishing Department $19,504

[Credit] Overheads $66,568

Explanation:

Note that overheads are assigned to departments on the basis of 160% of labor costs. Thus, our first point of call is to determine the labor cost for the respective departments. After that we then apply the 160 % to arrive at the Overheads assigned to that department

Step 1

Determine Departmental Labor Cost

Total Labor Costs = $62,800

Assembly Department = ( $44,400)

Finishing Department = $18,400

Step 2

Determine Overhead Cost for the Departments

Assembly Department ( $44,400 × 160 %) = $47,064

Finishing Department ( $18,400 × 160 %) = $19,504

Step 3

Journalize

<em>Debit</em> the Work In Process Account for the respective department and <em>Credit</em> the Overheads Account as above.

5 0

3 years ago

Assume that a firm separately determined inventory under FIFO and LIFO and then compared the results. a. In each dropdown that f

marysya [2.9K]

Answer and Explanation:

As per the data given in the question,

1. FIFO inventory > LIFO inventory

(Because in case of LIFO recent purchases are considered in production first or sold first so the remaining inventory are old inventory which is less costlier.)

2. FIFO cost of goods sold < LIFO cost of goods sold

(Because in case of LIFO recent purchases are considered in production first which are expensive so the cost of production is greater than FIFO.)

3. FIFO net income > LIFO net income

(Because cost of production is less under FIFO and the value of closing inventory is high, therefore the net income is also high.)

4. FIFO income taxes > LIFO income taxes

(Since, income is high in FIFO, therefore the tax under FIFO will be higher.)

b) Management would like prefer to use LIFO over FIFO in periods of rising prices because Income shown in the company's Tax return will be higher if we use FIFO rather than using LIFO.

5 0

3 years ago