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Akimi4 [234]
3 years ago
8

On January 1, 2020, Swifty Corporation established a stock appreciation rights plan for its executives. It entitled them to rece

ive cash at any time during the next four years for the difference between the market price of its common stock and a pre-established price of $20 on 124000 SARs. Current market prices of the stock are as follows:
January 1, 2020 $36 per share
December 31, 2020 39 per share
December 31, 2021 31 per share
December 31, 2022 34 per share

Compensation expense relating to the plan is to be recorded over a four-year period beginning January 1, 2020. On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2022?

a. $312,000
b. $780,000
c. $1,140,000
d. $2,340,000
Business
1 answer:
OleMash [197]3 years ago
4 0

Answer:

$620,000

Explanation:

The amount of compensation expense that Korsak should recognize for the year ended December 31, 2022:

= [($34-$20)*124,000*3/4] - [($31-$20)*124,000*2/4]

= [$14*124,000*3/4] - [$11*124,000*2/4]

= $1,302,000 - $682,000

= $620,000

Note: The answer is not included in the option above

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Suppose that in 2018, the national income in the United States was $200 billion, depreciation was $15 billion, personal taxes we
matrenka [14]

Answer:

Option (B) is correct.

Explanation:

Given that,

National income = $200 billion

Depreciation = $15 billion

Personal taxes = $20 billion

Transfer payments = $10 billion

Gross domestic product in 2018:

= National income + Depreciation

= $200 billion + $15 billion

= $215 billion

Therefore, the Gross domestic product of United States in 2018 is $215 billion.

7 0
3 years ago
Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is wit
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Answer:

the contribution margin per unit is $15 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

Contribution margin per unit is

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= $60 - $45

= $15 per unit

Hence, the contribution margin per unit is $15 per unit

7 0
3 years ago
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PtichkaEL [24]

Answer:

The correct answer is letter "D": Both B and C.

Explanation:

Policies and procedure compliance imply following the Code of Ethics and good procedures every company establishes to ensure employees are not misusing the resources of the firm to their favor or the favor of other individuals. That code establishes the rules all workers must be committed to at the moment of accepting working by the organization.

Thus, <em>Wilma Robles should report the missing Emerald cards to her immediate supervisor and follow-up on the activities of the employees involved. Besides, all the workers in charge of Emerald cards must receive an assessment on how to use those cards according to the company's guidelines</em>.

8 0
3 years ago
What would you include in a recommendation to the CEO for a better method for evaluating the performance of the divisions?
Svet_ta [14]

Answer:

Option D                      

Explanation:

In simple words, method of performance division is considered to be effective when it depicts a true picture, not because it gives a sound position of the organisation as waned by the managers.

Thus, reticulation should not be done. Also, Divisional performance should be judged by some other aspects like time taken to perform the job or wastage done by them etc.

8 0
3 years ago
The problem of pollution typically arises in ____ economies around the world
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In high or low income economies around the world.
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4 years ago
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