Answer:
Food, Drug, and Cosmetic Act is the correct answer.
Explanation:
Answer:
$1,000
Explanation:
Whenever an option is provided to an employee for stock purchase then the cost of such option is the price at which the issue is offered.
Accordingly the actual amount paid to acquire the issue is the cost to acquire such issue.
Thus, the issue granted = 10 stock options
Each option has 10 shares.
Thus, total number of shares offered = 10 
10 =100
The strike price for issue = $10 for each share.
Actual cost = Strike Price Number of shares = $10 100 = $1,000.
Answer:
b. Debit Work in Process Inventory $160,000; credit Factory Payroll Payable $160,000.
Explanation:
In order to record the cost of goods manufactured, once the goods are finished, you add up all the work in process debits. The following journal entry would be:
Dr Finished goods inventory
Cr Work in process inventory (all added up)
In this case, since you are recording labor usage, you must also credit wages or payroll payable (that correspond to the amount of labor used to manufacture the goods).
Answer:
Non-conforming zoning
Explanation:
Non-conforming is a type of variability in the zoning when a piece of land may be excluded from the current zoning decrees because of changes made by a previous owner or prior to an intended use by the present zoning decrees, in accordance with local law.
<span>Net present value is the present value of future cash inflows discounted at the expected rate of return minus the initial investment.
Initial cash outflow = $7670
Cash inflow during Year 1 = $1280
Cash inflow during Year 2 = $0
Cash inflow during Year 3 = $6980
Cash inflow during Year 4 = $2750
Discount rate = 12.5%
NPV = (1280/1.125^1)+(0)+(6980/1.125^3)+(2750/1.125^4)-7670
NPV = (1280/1.125)+0+(6980/1.424)+(2750/1.6)-7670
NPV = 1137.778+0+4902.277+1716.811-7670
NPV=86.86</span>
