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mrs_skeptik [129]
3 years ago
10

g This year, Nilo Inc. granted nonqualified stock options to 230 employees. For financial statement purposes, Nilo recorded a $1

79,200 expense for the estimated value of the options. As a result of this transaction, Nilo has a:
Business
1 answer:
serg [7]3 years ago
7 0

Answer:

temporary unfavorable book/tax difference

Explanation:

Given that

There is an unqualified stock options for 230 employees

And, the expenses are recorded at $179,200

So based on the above information the nike have temporary also adverse book or tax difference

as this given transaction does not represent the permanent one so it should be considered as temporary

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The following income statement is provided for Vargas, Inc. Sales revenue (2,600 units × $20.10 per unit) $ 52,260 Cost of goods
leva [86]

Answer: 3.91

Explanation: We can calculate operating leverage by using following formula:-

operating\:leverage=\frac{contribution}{net\:income}

where,

contribution = sales - variable cost

                     =  sales - ( variable cost of goods sold + supplies )

                     =  $52,260 - ( $26,260 + $5460)

                     = $20,540

Now, putting the values into equation we get :-

operating\:leverage=\frac{20,540}{5,240}

                                          = 3.91

3 0
3 years ago
Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insu
Nutka1998 [239]

Answer:

Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insurance salesman and purchases a $400 a month insurance policy. This contract is VOID.

Explanation:

The nullity is a legal sanction, which detracts from the effectiveness that a legal act can have, that has been born with some vice or that simply has not been formally born to the world of law.

A contract can be classified as null by different factors, to define it more precisely, there are two types of nullity in a contract, there is Absolute Nullity and Relative Nullity.

7 0
3 years ago
Pola and quint want to form and do business as river tours corporation. a corporation can consist of?
Tpy6a [65]

'Pola and quint want to form and do business as river tours corporation. a corporation can consist of one or more natural persons.

A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.

The company is managed and directed by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporation governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.

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4 0
1 year ago
The opportunity cost of an action: Group of answer choices can be determined by considering both the benefits that flow from as
joja [24]

Answer:

The action of opportunity cost is that is the subjective measurement which could be determined only through the individual, who selects the action.

Explanation:

Opportunity cost is the cost or an expense or the value of the next best possible thing which the person or an individual gave up whenever make or take a decision.

In short, it is the loss of the gain that is potential from the other alternatives which are available when an individual or person selects the alternative.

Therefore, the action of the opportunity cost is the cost which is the subjective measure, that could be determined only through individual, who selects the action.

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3 years ago
Which of the following exemplifies a performance goal?
sveticcg [70]

Employees are required to achieve short-term performance goals. Employees can better comprehend what is expected of them or their positions when goals are defined for them.

<h3>What is performance Goal ?</h3>

Additionally, it aids in the proper evaluation and direction of workers by employers.

Establish a procedure for monitoring progress on important projects, including milestones and decision deadlines, in order to promote concentration on finishing a work. Share by February 10 with the management.

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Learn more about performance goal here

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4 0
1 year ago
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