Answer:
Wilson's compensation expense in 2018 for these stock options was $258.50 millions
Explanation:
Compensation Expense in 2018 Stock Option =Estimated value of Option at Jan 1, 2013 = 26 Million X $47 = $1222 Million
Estimated value of Option at Jan 1, 2018=22 Million X $47
Estimated value of Option at Jan 1, 2018=$1,034 million
Options vest on January 1, 2022, therefore, Fair value is spread over 4 Years of vesting period= $1,034 million/4
Fair value is spread over 4 Years of vesting period=$258.50 millions
Wilson's compensation expense in 2018 for these stock options was $258.50 millions
B option is basically suitable. .
Answer:
Cash interest paid to the bondholders in 2016 is $9,000
Explanation:
The cash interest paid on the bond can be ascertained using the below coupon amount formula:
cash interest=face value*coupon rate
face value of the bond is $100,000
coupon rate is 9%
cash interest=$100,000*9%=$9,000
The cash account would be credited while interest expense is debited with $9000 plus amortization of premium on bonds
Answer:
The retained earnings statement showed a closing retained earnings of $226,120.00 as at 2017 year end.
Explanation:
In arriving at the closing retained earnings , I treated prior items retrospectively- that is as if the impact of such items have been in the accounts from day one,less the tax effect of all items involved.
For instance ,I deducted the understatement of depreciation in 2015 less of tax impact of 40%
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Answer:
The right answer is C; There is an inverse relationship between price and quantity demanded
Explanation:
The law of demand indicates that there is an inverse relationship between the price and the quantity demanded of a good.
This means that if the price of a good increases, then demand decreases and if the price decreases, demand tends to rise at the same time.