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Vlad1618 [11]
3 years ago
11

On January 1, Year 1, Sterling Corporation issued stock options for 260,000 shares to its CEO. The options have an estimated fai

r value of $6 each.
To provide additional incentive, the options are not exercisable unless revenue increases by 4% in three years. Sterling initially estimates that it is probable the goal will be achieved.


What is compensation expense for Year 1?
Business
1 answer:
Anuta_ua [19.1K]3 years ago
3 0

Answer:Nill

Explanation:

The provision of an incentive to a employee with additional conditions means the conditions must be achieved before the incentive can be giving.

In the above scenario since it's only probable that the conditions will be achieved though the expenses can be estimated, the company only needs to disclose this in it's financial report at the end of the year.

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You are working with an experienced Customer Service Representative to board a busy flight on a tight timeline. You notice that
Hitman42 [59]

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

<h3> Who is customer service representative?</h3>

Customer service Representative relates directly with customers, they ensure they are comfortable when they come to them by providing necessary service the customer will need and also ensure good sales.

The rep should handle the situation by pointing their attention to the danger attached to not following the safety rules in a very friendly manner and could also have a superior informed that could help guide them.

Therefore,

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

Learn more on customer service below

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6 0
2 years ago
What term is best described as the additional satisfaction gained from purchasing a good given the price of the product?.
g100num [7]

Please note that the term marginal utility is used to describe the additional benefit or utility gained by a consumer from purchasing and using an additional unit of a product or service.

<h3>What is Marginal Utility used for?</h3>

In social science - economics, Marginal Utility is used to calculate how much of an item or service a consumer will be ready or willing to purchase.

It aids the economist to determine consumer behavior in relation to the way a person would spend their income on various goods in order to gain the most benefit possible.

See the link below for more about Marginal Utility:
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4 0
2 years ago
Rotweiler Obedience School's December 31, 2015, balance sheet showed net fixed assets of $1,780,000, and the December 31, 2016,
IceJOKER [234]

Answer: Company's net capital spending for 2016 = $702,000

Explanation:

Given that,

On December 31, 2015:

Net fixed assets = $1,780,000

On December 31, 2016:

Net fixed assets = $2,150,000

Depreciation expense = $332,000

Therefore,

Company's net capital spending for 2016:

= Ending net assets + Depreciation expense - Beginning net assets

= $2,150,000 + $332,000 - $1,780,000

= $702,000

8 0
3 years ago
A marketing campaign to target business travelers includes two advertising buys. One buy cost $4,600 and yielded 220 leads. The
Korvikt [17]

Answer:

$20.90 & $14.88

Explanation:

The average cost per lead is the marketing expense incurred to acquire a new potential customer.  The average cost per or CPL is calculated using the formula total marketing spend / total number of leads. CPL helps identify the most efficient advertising channel.

For the first advertising buy, average cost per lead

=$4,600/220

=$20.90

For the second advertising buy

=$6700/450

=$14.88

3 0
3 years ago
Nirav just opened a savings account paying 2 percent interest, compounded annually. After four years, the savings account will b
nlexa [21]

Nirav recently opened a savings account offering 2% annual compound interest, this means that Nirav will earn the same amount of interest each year for four years.

<h3>What is a saving account?</h3>

An account at a retail bank is formally called as a savings account. This is a type of account that person granted a person that his money is safe in a particular bank. Refer to the image below for the complete question.

The given case tells about that <u>what would be the impact</u> of savings account offering 2% annual compound interest on Nirav, then he will earn the same amount of interest compounded each year for four years.

Learn more about the interest, refer to:

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3 0
2 years ago
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