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hichkok12 [17]
3 years ago
12

On January 1, 2021, Adams-Meneke Corporation granted 15 million incentive stock options to division managers, each permitting ho

lders to purchase one share of the company’s $1 par common shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, currently $52 per share. The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. Management’s policy is to estimate forfeitures. No forfeitures are anticipated. Ignore taxes.
1. Determine the total compensation cost pertaining to the options on January 1, 2021.2. Prepare the appropriate journal entry to record compensation expense on December 31, 2021.
Business
1 answer:
harkovskaia [24]3 years ago
7 0

Answer:

the ansewer is 25 dollars

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RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
finlep [7]

Answer:

The correct answer is "12,500 units" and "$100 per unit".

Explanation:

Given:

Selling price,

= $10 per unit

Variable cost per unit,

= $6 per unit

Fixed cost,

= 30,000

Desired profit,

= 20,000

Now,

The contribution margin per unit will be:

= Selling \ price - Variable \ cost

= 10-6

= 4 ($) per unit

The required units will be:

= \frac{(Fixed \ cost+Desired \ profit)}{Contribution \ margin}

= \frac{30000+20000}{4}

= \frac{50000}{4}

= 12,500 \ units

Now,

The contribution margin per composite unit will be:

= Selling \ price-Variable \ cost

= 150-50

= 100 ($) per unit

4 0
3 years ago
On june 1, 2017, james places in service a new automobile that cost $40,000. the car is used 60% for business and 40% for person
Goshia [24]
You should start with 100% if he is decreasing then subtract
6 0
3 years ago
Read 2 more answers
Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $101.255 million Cash of $8.040 mil
kkurt [141]

Answer:

Stock = 27.629 million

Explanation:

<u>Baldwin Corporation</u>

<u>Balance Sheets</u>

<u>Assets</u>

Cash of $8.040 million

Total Assets $163.111 million

<u>Liabilities and Owner's Equity </u>$163.111 million

Stock 27.629 million

Total Liabilities  $101.255 million

Retained Earnings  $34.226 million

According to Balance sheet approach total assets must equal total liabilities and Owner's Equity.

Total assets including cash are given which are equal to $163.111 million  and when we subtract total liabilities and retained earning from it we get the value of stock.

Stock = Total Assets- Total Liabilities - Retained Earnings

Stock = $163.111 million - $101.255 million-$34.226 million

Stock = 27.629 million

5 0
2 years ago
Consider a product with a daily demand of 400 units, a setup cost per production run of $100, a holding cost per unit of $24.00,
Sedaia [141]

Answer:

a 1,560 units

b 780 units

c 390 units

d $18,720

e $9,360

Explanation:

Given that;

Production = 292,000

Daily demand , d = 400

Annual demand , D = 400 × 365 = 146,000

Production rate , P = 292,000 ÷ 365 = 800

Set up cost , Cs = $100

Holding cost , Ch = $24

a. What is the production order quantity

= √2 * D * Cs / CH × (p / p - d)

= √ 2 * 146,000 * 100/24 × (800/800-400)

= √1216666.6667 × 2

= √2433333.3334

= 1559.91

=1,560 units approximated.

b. What is the maximum inventory on hand

= EPQ × [ 1 - (d÷p) ]

= 1,560 × [ 1 - (400 ÷ 800) ]

= 1,560 × 0.5

= 780 units

c. What is the average inventory

= Maximum inventory ÷ 2

= 780 ÷ 2

= 390 units

d. What are the total holding costs

= EOQ/2 * Holding cost

= 1,560/2 * 24

= 780 *24

= $18,720

e. What does it cost to manage the inventory

= Holding cost * (Maximum inventory ÷ 2)

= 24 * (780 ÷ 2)

= 24 * 390

= $9,360

8 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
Vsevolod [243]
Checking account is the right answer
4 0
3 years ago
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