Answer:
$120,000
Explanation:
Given that,
stock options = 90,000
Each option can be exercised to acquire one share of $1 par common stock for $12.
Total Value of the option = stock options × fair value of the options
= $90,000 × $5
= $450,000
company to estimate that 10% of the options would be forfeited, so,
= 90% of Total Value of the option
= 0.9 × $450,000
= $405,000
2 out of 3 years = $405,000 × 2/3
= $270,000
= $150,000
Compensation expense (2019) = $270,000 - $150,000
= $120,000
<span>Mr. Shiftlet is a character from the story, The Life You Save May Be Your Own, written by Flannery O’Connor. In it, Mr. Shiftlet visits the Crater farm in Alabama and Mrs. Crater hires him to do repairs around the farm. From the beginning, Mr. Shiftlet's greatest desire is to obtain a car he found parked at the farm. He spends a good deal of time working on the car and wants it for himself.</span>
Answer:
b. $433,750
Explanation:
The ending balance in retained earnings can be calculated as;
= Beginning balance + Net income - Cash dividends
Given that;
Beginning balance = $430,000
Net income = $60,000
Cash dividends = $56,250
= $430,000 + $60,000 - $56,250
= $433,750
Therefore, the ending balance in retained earnings is $433,750
Star Workers and Star Athletes share a high need for achievement.
A need for achievement, also know as N-Ach, describes <u>how an individual has a desire to attain either one of these or a combination: skill mastery, great accomplishments, or high standards</u>.
Star workers and athletes are usually individuals who have a high need to become the best or reach great accomplishments in their field, thus it is accurate to say that both groups will have a high need for achievement.
Answer:
$40,000
Explanation:
For computing the total variable cost, first we have to determine the variable cost per unit which is shown below:
= (Direct materials cost + Indirect materials - variable + Direct labor cost) ÷ (number of units produced and sold)
= ($18,000 + $2,000 + $10,000) ÷ (3,000 units)
= ($30,000) ÷ (3,000 units)
= $10 per unit
Now the total variable cost would be
= $4,000 units × $10 per unit
= $40,000
