Answer:
The price should be recorded as $167,500
Explanation:
As per the accounting principles, assets should be recorded at the price they were paid for. In case of a purchase, the accountant should record in the books the amount the company paid to acquire the asset. For sales, the amount received from the buyer is the figure to be recorded in the books.
For Reliable Repair Service, there were different prices quoted, but the buyer paid $167,500. It means the company sold the land for $165,000. This is the amount that should be recorded in the books.
Answer:
The market price of an unrestricted share of the same stock.
Explanation:
Restricted stock units (RSU) are defined as a type of compensation in shares that an employer will give to an employee.
Usually certain conditions or performance should be met before the employee gets this benefit. For example staying with the company for a number of years.
A vesting plan of distribution schedule is used to allocate the shares.
The value of the compensation will be the number of shares given by the RSU multiplied by the market value of unrestricted share of the same stock.
For example if an employee has RSU of 1,000 shares, and share value is $10
Value of RSU compensation = 1,000 * 10 = $10,000
Answer: A. Encoding
Explanation:
Encoding is defined as the means off creation of a messages which you want to communicate with other person.
A discount on the retail price of something allowed or agreed between traders or to a retailer by a wholesaler.
Answer:
This employee benefit is worth $40,384.69 today.
Explanation:
a) Data and Calculations:
Employer contributions per week = $75
Period of work for the employer = 20 years (20 * 52 = 1,040)
Applicable discount rate is 7.5%
PV = $40,384.69
Sum of all periodic contributions = $78,000.00 ($75*20*52)
Total Interest = $37,615.31
b) The worth of the employee benefit equals the present value of all the contributions by the employer and the accompanying interest, compounded weekly at 7.5% per annum for a period of 20 years.
