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Lana71 [14]
2 years ago
5

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 75,000 $1 par c

ommon shares. The exercise price equals the $6 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2024, and expire December 31, 2025. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record compensation expense for the year 2021
Business
1 answer:
harkovskaia [24]2 years ago
5 0

Answer:

Dr Compensation expense $12,500

Cr Paid-in capital - stock options $12,500

Explanation:

Preparation of the correct entry to record compensation expense for the year 2021

Based on the information given the correct journal entry to record compensation expense for the year 2021 is :

Dr Compensation expense $12,500

Cr Paid-in capital - stock options $12,500

[(75,000 x $1)/6]

(Being to record compensation expense for the year 2021)

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omeli [17]

Answer:

The type of company that are at the forefront of campaign are proactive company.

Explanation:

A proactive company can be defined as a company, which puts great amount of emphasis on the forward thinking strategic planning ( where company sets its operational objectives, makes long term strategic decisions, assess strength and weakness etc ) rather than focusing on reactive strategies to manage the problems and taking advantage of business opportunities.

6 0
3 years ago
In 2011 Buckeye Brewing produced 1,000 bottles of ginger ale each day. It employed 10 workers each working 8 hours a day. In 201
Stella [2.4K]

Answer:

The answer is: A) increased by 20%

Explanation:

Buckeye's productivity for 2011 was:

  • productivity = 1,000 / 10 workers = 100 bottles of ginger ale per worker

Buckeye's productivity for 2012 was:

  • productivity = 960 / 8 workers = 120 bottles of ginger ale per worker

The difference between the productivity level of 2012 and 2011 is an increase of 20% (= (120 / 100) x 100)

6 0
3 years ago
Making a down payment on a loan often _________ a. decreases monthly payments. b.increases the loan's interest rate. c.makes bor
GarryVolchara [31]
The correct answer is
<span>a. decreases monthly payments

This is correct because by making a down payment, your overall loan sum is smaller which means that your monthly payment is lowered.</span>
8 0
3 years ago
Read 2 more answers
Brazil spent billions of dollars to host the Soccer World Cup and the Summer Olympics. The opportunity cost of hosting these eve
saw5 [17]

Answer:

the next best alternative bundle of goods and services that could be provided.

Explanation:

Opportunity cost can be described as the cost of what was given up in order to carry out a particular activity. It is the next best alternative bundle of goods and services that could be provided. It is also known as implicit cost and it is used in calculating economic profit.

Economic profit = Accounting profit - Opportunity cost

The monetary cost expressed in reals (Brazilian currency) is the explicit cost.

Explicit cost is the actual cost incurred in carrying out an activity.

Accounting profit = Total revenue - Explicit cost

I hope my answer helps you

8 0
3 years ago
The expense that a manufacturing firm Incurs in the form of wages to its labor falls under the category of Reset Next​
Korolek [52]

Answer:

Cost of Goods Sold( COGS)

Explanation:

Costs of goods sold ( COGS)or cost of sales is the expense incurred in manufacturing goods sold in a period. COGS is composed of the direct cost incurred in manufacturing goods sold by a business. The direct cost includes direct materials, labor, and direct overhead costs. Direct labor is the total of wages and salaries paid to workers involved directly in the production process.

Calculation of the cost of goods sold involves adding beginning inventory to purchases and subtracting the ending inventory.

5 0
3 years ago
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