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3 years ago

What is an employee stock ownership plan

1 answer:

3 0

A employee stock ownership plan is an employee andowner program that provides a company's workforce with an ownership interest in the company. The companies provide their employees with stock ownership, at up front cost to the employees. PLZZZ give me brainliest.

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The Bogart Company produces 5,000 units of item SLM 46 annually at a total cost of $200,000

sertanlavr [38]

Answer:

Option B is the answer

Explanation:

Avoidable costs = 20,000+55,000+45,000 + (8*5000)+30,000

= 190,000

= 190,000/5,000 units

= $38 Option B is the answer

3 0

3 years ago

Blaine Air Transport Service, Inc., providing air delivery service for businesses, has been in operation for three years. The fo

Valentin [98]

Answer:

Entries and their narrations are posted below

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

February 1 (Paid $275 for rent of hangar space in February)

Rent (Expense) Dr $275

Cash (Asset) Cr $275

February 2 (Purchased fuel costing $490 on account for the next flight to Dallas.)

Fuel (Expense) Dr $490

Accountt Payable (Liability) Cr $490

February 4 (Received customer payment of $820 to ship several items to Philadelphia next month.)

Cash (Asset) Dr $820

Shipment (R) Cr $820

February 7 (Flew cargo from Denver to Dallas; the customer paid $910 for the air transport)

Cash (A) Dr $910

Ticket (R) Cr $910

February 10 (Paid $175 for an advertisement in the local paper to run on February 19.)

Advertisement (E) Dr $175

Cash (A) Cr $175

February 14 (Paid pilot $2,300 in wages for flying in January (recorded as an expense in January))

Wages payable (L) Dr 2300

Cash (A) Cr 2300

February 18 Flew cargo for two customers from Dallas to Albuquerque for $3,800; one customer paid $1,600 cash and the other asked to be billed.

Cash (A) Dr 1600

Account Receivable (A) Dr 2200

Ticket (R) Cr 3800

February 25 Purchased on account of $2,550 in spare parts for the planes.

Spares (E) Dr 2550

Account Payable (L) Cr 2550

February 27 (Declared a $200 cash dividend to be paid in March.)

Retained Earnings (SE) Dr 200

Dividend Payable (L) Cr 200

8 0

3 years ago

In double-entry accounting, what kinds of transactions are recorded in the left debits column?

yaroslaw [1]

Asset debits are recorded in the left debits column.

6 0

3 years ago

Read 2 more answers

From April 2019 to July 2019, business inventories decreased by $ 2034 billion. *Real-time data provided by Federal Reserve Ec

olya-2409 [2.1K]

Answer:

Was higher.

Explanation:

We have to use a little bit of logci to answer this question, we just have to keep in mind that Aggregate expenditure is the cost of all of the products and services offered in a nation, so ig the business inventories, which are basically the inventories that the stores have, if this go down it means that previously produced goods and services are being sold, this increases the aggregate expenditure, and Gross domestic product is semi-stable, so aggreagate expenditure will be higher than GDP.

7 0

3 years ago

a. She has negotiated a sales price of $46,585 and she has a $15,000 down payment. She is eligible for the full $10,000 cash reb

nirvana33 [79]

Answer: Elaine should take Dealership's financing option.

Explanation:

Option A

Car Sale Price = $46 585

Down Payment = $15000

Interest rate = 0%

Period = 66 months

Value of Dealer Financing = $46585 - $15000 = $31585

Option 2.

Elaine takes the loan to pay for the car

R = 3.24%

Car price = Loan Amount = $46585

Period (n) = 72 months

Value of Option 2 Loan Financing = Loan Amount (1 + r)^n

Value of Option 2 Loan Financing = $46585(1 + 0.0324^/12)^72

Value of Option 2 Loan Financing = $46585(1 + 0.0027)^72

Value of Option 2 Loan Financing = 56566.482756

Value of Option 2 Loan Financing = $56566.48

Elaine receives a Cash rebate of $10 000

Overall Value of option 2 = $56566.48 - $10 000 = $46566.48

Let us assume Elaine Pays the Down Payment of $15000 AND take A Loan to finance the rest of the Car amount

Car sale price = $46585 - $15000 = $31585

Loan Amount = $31585

Option 2 Loan Financing with down Payment

Option 2 Loan Financing = $31585(1 + 0.0324^/12)^72 + $15000

Option 2 Loan Financing = $31585(1+0.0027)^72 + $15000

Option 2 Loan Financing = 38352.524586 + $15000

Option 2 Loan Financing = $53352.524586

Elaine Receives a Cash Rebate of $10 000

Value of Option 2 with down payment = $53352.524586 - 10 000

Value of Option 2 with down payment = $43352.524586

Value of Option 2 with down payment = $43352.53

When Elaine pays a down payment and takes a loan of $31585, the overall finance is valued at $43352.53, When Elaine takes a loan for the entire car amount the Value of option 2 finance is $46566.48.

Dealership Option Financing Value is $31585. Elaine should take Dealership's financing option

3 0

3 years ago