Answer:
$1,000,000
Explanation:
Gallagher Corporation
Stock option × Option estimated fair value /Numbers of years
Stock option $400,000
Option estimated fair value $10
Numbers of years 4
Hence:
($400,000 × $10) / 4 years
=$4,000,000/4years
= $1,000,000
Therefore pretax compensation expense for year 1 will be $1,000,000
Answer:
28%
Explanation:
Most mortgage lenders, including Fannie Mae, use the 28/36 rule. That rule states that a family should spend no more than 28% of the gross monthly income (GMI) on housing expenses, and pay no more than 36% of GMI to cover debts (mortgage payments are included in this 36%).
Statistics show that households that do not comply with the 28/36 rule, tend to have difficulty paying back loans.
Answer:
The main function of the legislatures is to make laws and establish guidelines and other statutes that would establish peaceful co-existence among the peoples.
Explanation:
The main difficulties often experienced by legislatures when carrying out their functions are numerous, beginning with public criticism both positively and negatively, down to the diffferences that may arise in terms of reaching a consensus on any particular bill proposed by a legislator to the House.
Also, the idea of incompetency cannot be overlooked because some members of the House of legislature when assigned to a specific and unique functions are sometimes unable to deliver results as expected by the House and the people who elected them to this function.
Structural changes is one means to this challenges, if it is so necessary. As cited in the instance above, an incompetent legislator or committee should be reviewed, reenacted and competency implied in the appoint to such functions. By so doing,the functions of the legislature will experience less challenges and difficulties.
Answer:
$245,000
Explanation:
The cash outflow in respect of the Prepaid rent of Howard Inc. for the year 2021 shall be determined using the following mentioned equation:
Cash outflow during the 2021=Rent expense for the 2021+end balance of prepaid rent for 2021-ending balance of prepaid rent at 2020
Cash outflow during the 2021=$240,000+$80,000-$75,000
=$245,000
The international planning process is a measure used by companies that wish to expand their businesses to other countries. After the first stage of analyzing and screening the new market, the consumer products company should move to the next phase which is;
- Evaluating the marketing mix to target markets.
There are 4 phases in the international planning process which include; analysis and screening, adoption of the correct market mix, development of a marketing plan, and implementation/control.
For the consumer products company above that has established the screening criteria, they must ensure that they adopt the right market mix that will suit the organization.
This means that the product, place, price, and promotion should be right.
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