All categories

3 years ago

Which of the following statements is correct regarding compensation expense for employers in publicly traded corporations?

Business

1 answer:

Sliva [168]3 years ago

3 0

Answer:

d. Deductible compensation expense must be considered reasonable under the facts and circumstances of the employment.

Explanation:

Elon Musks collected billions of dollars due to the excellent performance of Tesla's stocks. The compensation awarded to the CEO, CFO and maximum three other executives must be reasonable. Performance based compensation is not limited in an amount, instead they are limited on the number of people that receive them.

You might be interested in

The process of developing a pool of qualified job applicants is called job analysis TURE OR FALSE

Ad libitum [116K]

Answer:

Explanation:

6 0

3 years ago

Accounts and Notes Payable On February 15, Barbour Industries buys $800,000 of inventory on credit. On March 31, Barbour approac

Anettt [7]

Answer and Explanation:

The journal entries are shown below:

On Feb 15

Purchases $800,000

To Accounts payable $800,000

(Being the purchase of inventory on credit is recorded)

On Mar 31

Accounts payable $800000

To Notes payable $800000

(Being the issuance of note is recorded)

On Sept 30

Notes payable $800,000

Interest expense $40,000

To Cash $840,000

(Being the payment of note and interest is recorded)

The interest expense is computed below:

= $800,000 × 10% × 6 months ÷ 12 months

= $40,000

The six months is calculated from Mar 31 to Sep 30

Only these entries are passed

5 0

3 years ago

The total manufacturing cost variance is a.the flexible budget variance plus the time variance b.the difference between planned

Mademuasel [1]

Answer:

The correct answer to the following question will be Option C.

Explanation:

A Cost variance seems to be the gap and difference between the expected expenditures incurred as well as the projected regular expenditures at just the start of such a time frame.
Such variances have been used by administrators to assess and monitor the progress including its supply chains, expenditures as well as other activities.

⇒ Cost variance = Actual cost - Standard cost

Some other available options have no connection with the given case. So choice C seems to be the perfect solution to that.

4 0

3 years ago

On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an

defon

Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

Time 1: Jan 1, 2016 to Sep 30, 2016

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = $\frac{110,000}{100,000}=1.1$

Time 2: Sep 30, 2016 to Sep 30, 2017

start value = 105,000; end value = 108,000

Return = $\frac{108,000}{105,000}=1.028571$

Time 3: Sep 30, 2017 to Dec 31, 2017

start value = (108,000 + 3,000) = 111,000; end value = 100,000

Return = $\frac{100,000}{111,000}=0.900901$ .

Therefore, time weighted return

= (1.1 * 1.028571 * 0.900901) - 1

= 0.019305

= 1.93%.

3 0

3 years ago

What is a computer network?

Leona [35]

Answer:

A.)

Explanation:

two or more connected computers

6 0

2 years ago