The natural rate of unemployment- also called full employment- means

The Peach Corporation provides restricted stock to certain executives. Under the plan, the company granted 30 million shares on

daser333 [38]

Answer:

1. Determine the total compensation cost pertaining to the restricted stock.

30 million x $14 = $420 million

2. Prepare the appropriate journal entries

December 31, Year 1:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 2:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 3:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 4:

Dr Stock compensation expense 105,000,000

Cr Additional paid in capital - restricted stock 105,000,000

January 1, Year 4, the stocks are handed out:

Dr Additional paid in capital - restricted stock 420,000,000

Cr Common stock 420,000,000

6 0

3 years ago

What is the primary difference between a static budget and a flexible budget? the static budget contains only fixed costs, while

mrs_skeptik [129]

<span>What is the primary difference between a static budget and a flexible budget? The static budget contains only fixed costs, while the flexible budget contains only variable costs. Flexible budgeting allows for variables to change the budget and allotted costs for the budget. When you have a flexible budget you are understanding of things that could "come up" and have extra </span>money open to use there. In a static budget, you are strict on where your money is spent and you have a budget just for those costs.

3 0

2 years ago

.What are economies of scale? Take an analysis example

Ludmilka [50]

Answer:

The summary of the given topic is explained below throughout the following portion.

Explanation:

The production phenomenon known might be why the additional expenses you generate that for each unit, are considered as Economies of scale.
Mostly since the greater optimized production operations you develop, the further optimized they are.

Example:

Because of its scale, perhaps the company could be interested in receiving credit standards.

6 0

2 years ago

Snoopy, Inc. records its bad debt expense on the credit sales method. Total sales during 2020 were $1,500,000, which consisted o

quester [9]

Answer:

the amount of bad debt expense for the year 2020 is $36,000

Explanation:

The computation of the amount of bad debt expense is shown below:

= Estimation of 3% net sales that would be uncollectible

= 3% of ($1,500,000 - $300,000)

= 3% of $1,200,000

= $36,000

Hence, the amount of bad debt expense for the year 2020 is $36,000

The same is to be considered

6 0

2 years ago

Suppose you sold three September cocoa futures contracts at a price quote of 1,696. Cocoa futures contracts are based on 10 metr

Mrac [35]

Answer:

Loss in the contract = -$330.

Explanation:

Selling price per futures contract = $1,696

Current Value of the future contract = $1,707

Since the price has increased, there is a loss.

Loss per contract - 1696 - 1707 = -11

Total loss in the trade = -11 * 10 (size of contract) * 3 (Number of contracts) = -$330

4 0

3 years ago