Stock options is(are) a common method of providing executive compensation by allowing top management to purchase stock at a fixed share price.
Stocks are entities used as mutual funds, limited partnerships, and real estate investment trusts. Share capital means all shares of a company. Owners of company shares are members of the company.
Shares represent the unit of capital of a company. Shareholders are entitled to any profits that the company can obtain in the form of dividends. They are also bearers of any losses the company may incur.
Shares are units of ownership representing equal shares of a company's capital.
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In recording the transaction, it would debit: Cash and credit Common Stock for $15.50 million.
Based on the information given the common stock does not have stated value, therefore the journal entry will includes a debit to Cash and a credit to Common Stock for $15.50 million calculated as:
Debit Cash $15.50 million
Credit Common Stock $15.50 million
(1 million shares × $15.50 per share)
(To record common stock)
Inconclusion in recording the transaction, it would debit: Cash and credit Common Stock for $15.50 million.
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Answer: 5
Explanation: C
Consumer surplus is the difference between the quantity that a consumer is eager to pay for any product and the amount that he or she really ends up paying for that commodity. In this question Melanie was expecting to pay $79.95 when she saw the tag. Later she came to know that the coat was on a sale and she would have to pay 20% less. She finally paid $63.96 that is $15.99 less than the stated price $15.99. Thus, $15.99 is the consumers' surplus.
Answer:
Holland codes are also known as Holland Occupational Themes, which is a theory based on Vocational choice and careers. The theory was revealed by John L. Holland, who was an American Psychologist.
Explanation:
The Holland codes are involved in career counseling practices and researches. The basic theory was that the occupational preferences of the individuals were surrounded by the underlying character of the individual. The theory is centered on the following six personality traits:
- Realistic - They like to work with hands, assembling and building things, working on tools and machines. They like to work outdoor.
- Investigative - They are more into discovering new ideas, investigating and, asking the questions to solve the problem.
- Artistic- They are more performance-oriented, more expressive, and good at designing and creating things.
- Social- They like working with people and are concerned about the welfare and well-being of other people.
- Enterprising - They like leading, influencing, and encouraging others.
- Conventional- They like following the procedures to work, planning the events, and work. They also like working indoor.
The Holland codes state that the people who possess similar personality traits aim to create an environment that fits them best and their type of work. Holland further stated that when people choose to work in a situation that is related to their personality, they are more contented and successful.