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algol13
3 years ago
10

Orange inc. Issued 20,000 nonqualified stock options valued at $40,000 (in total). The options vest over two years—half in 2018

(the year of issue) and half in 2019. One thousand options are exercised in 2019 with a bargain element on each option of $6. What is the 2019 book-tax difference associated with the stock options?
Business
1 answer:
Allisa [31]3 years ago
6 0

Answer: $14,000 (Unfavorable)

Explanation: The book tax difference is the difference between the expenses for the book purpose in 2019 and the price of the option exercised. If the difference is positive it is unfavorable while if the difference is negative it is favorable.

Difference in book tax = The total value of the shares at the year - Amount of bargain element on option exercised.

Difference in book tax = ($40,000 × 1/2) - (1,000 × $6)

Difference in book tax = $20,000 - $6,000

Difference in book tax = $14,000

It is unfavorable because book tax expenses exceed the tax deductions.

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A buyer will receive a utilities bill for an estimated $400 at the end of the month. At closing, the seller has used an estimate
MrMuchimi

Answer:

Dr Seller Account $100

Cr Buyer Account      $100

Explanation:

The property sold on 15th of the month by Mr. A to Mr. B and the utility bill received later of this month would be split between Mr. A and Mr. B. The basis for the split of the utility bills would be the share that Mr. A utilized the facilities and in this scenario, it is $100. Hence the buyer Mr. B has receivable of $100 and the seller Mr. A has a liability payable of $100 amount.

Hence the buyer will debit the bill by $100 receivable and the Seller will debit the bill owed to buyer by $100.

3 0
3 years ago
Albert is the manager of a large retail store, with the authority to hire employees. The store does not have a specialized human
anastassius [24]

Answer: An availability bias

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6 0
3 years ago
If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is
likoan [24]

Answer:

the marginal revenue from selling the fifth unit is

$25

Explanation:

Perfect competition is market structure in which the following information:

 

All firms sell an identical product .

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Market share has no influence on prices.

Buyers have complete informationabout the product being sold and the prices .

Resources for such a labor are perfectly mobile.

Firms can enter or exit the market without cost

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myrzilka [38]
I would say social media. :) Hope this helps.
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lorasvet [3.4K]

Answer:

i Will help

Explanation:

dinosaur ones

Turtle ones and

fish fossils

your welcome my buddy

5 0
3 years ago
Read 2 more answers
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