1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
4 years ago
7

Taxon Corp. granted restricted stock units (RSUs) representing 70 million of its $1 par common shares to executives, subject to

forfeiture if employment is terminated within five years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $12 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives
Business
1 answer:
lara31 [8.8K]4 years ago
7 0

Answer:

$168 million

Explanation:

Calculation to determine effect on earnings in the year after the shares are granted to executives

First step is to calculate the Fair value of shares represented by RSUs

Using this formula

Fair value of shares represented by RSUs=fair value per share×shares represented by RSUs shares granted

Let plug in the formula

Fair value of shares represented by RSUs=12 x 70million

Fair value of shares represented by RSUs=$840million

Now let calculate the effect on earnings

Using this formula

Effect on earnings=Fair value of shares represented by RSUs/Vesting period

Let plug in the formula

Effect on earnings= $840 million/5 years

Effect on earnings=$168 million

Therefore effect on earnings in the year after the shares are granted to executives is $168 million

You might be interested in
Shady lawyer. Brice had a number of ethical issues come up in law school involving alleged cheating but managed to graduate beca
Pie

Answer:

A. Brice has caused Susie to experience duress

Explanation:

Based on the information given BRICE HAS CAUSED SUSIE TO EXPERIENCE DURESS is true regarding Brice's attempt to obtain additional fees based on the fact Brice is threatening , Forcing and persuading Susie to do things against her will by threatening to report her due to her failure to pay income tax because she said that Brice does not have the legal right to obtain the money from the estate unless she kept her mouth shut and agree to the terms of the contract, which inturn makes Brice to attempt to collect additional fees based on Sam divorce case in return for not reporting her.

3 0
3 years ago
Choose the option that best matches the description given. The social worker is responsible for helping clients_______________.
cestrela7 [59]

Answer:    either a,b or c but probably c

Explanation:

3 0
3 years ago
If Sally deposits $1200 per year and the account earns interest at a rate of 4% per year, compounded annually, how much will she
Alex787 [66]

Answer:

$88,382.67

Explanation:

Here is the complete question:

Sally makes deposits into a retirement account every year from the age of 30 until she retires at age 65.If Sally deposits $1200 per year and the account earns interest at a rate of 4% per year, compounded annually, how much will she have in the account when she retires?

To calculate the future value of the annuity, we use this formula: amount x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

Amount = $1200

R = interest rate = 4%

N = number of years = 35

=( 1.04^35 - 1) / 0.04 = 73.652225

73.652225 × $1200 = $88,382.67

I hope my answer helps you

8 0
4 years ago
What are the reason why there is government revenue surplus?​
Virty [35]

Answer:

Impact on growth.

Explanation:

If the government is forced to increase taxes / cut spending to meet a budget surplus, it could have an adverse effect on the rate of economic growth. If government spending is cut, then it will negatively affect AD and could lead to lower growth. A budget surplus doesn't have to cause lower growth.

7 0
3 years ago
Tyrone’s hourly wage is $18 and his net pay is 72% of his earnings. tyrone spends about $1,800 on his monthly expenses. if tyron
oee [108]

Net pay = $18 * 72% = $12.96 per hour

Hours worked = 40 hours * 4weeks = 160 hours

So, the net pay for 160 hours is:

Net pay = Pay per hour × Hours worked

=$12.96 × 160 =$2,073.6

Monthly cash inflow = Net pay − Expenses

= $ 2073.6 − $ 1,800 = $273.6

So the monthly cash inflow is $273.6

What's the purpose of a monthly cash flow report?

The monthly cash flow report's main objective is to give a general picture of the month's financial operations. Monthly cash flow statements are used by businesses to keep a careful eye on cash inflows and outflows.

What is net pay?

Net pay is the term used to describe the take-home pay that employees get after all payroll deductions have been made from their gross pay.

Learn more about cash flow: brainly.com/question/10714011

#SPJ4

7 0
1 year ago
Other questions:
  • Vesting refers to the right of the holder of an insurance policy to collect for an insurable event. the shielding of returns on
    8·1 answer
  • Which statement describes direct materials in a manufacturing setting?A) Direct materials are used to determine total manufactur
    7·1 answer
  • _________ is a type of one-on-one communication that involves communicating with someone for the direct purpose of improving the
    5·2 answers
  • Summarize the different levels of organization involvement in international trade
    12·1 answer
  • When using ABC, costs can be gathered at different levels. These levels are all of the following except:_________.
    11·1 answer
  • A boycott occurs when workers collectively refuse to go to work.
    11·1 answer
  • Weston Products manufactures an industrial cleaning compound that goes through three processing departments—Grinding, Mixing, an
    13·1 answer
  • Mike is arrested at a warehouse in North Industrial Park and is charged with the crime of theft. Mike will be prosecuted bya. th
    7·1 answer
  • Kokouhgtydrdcvb hbuyghuyfv
    13·1 answer
  • Ironwood company had assets of $248,000 and liabilities of $160,000. during 2022, assets increased $28,000 and liabilities incre
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!