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KIM [24]
3 years ago
5

Lloyd is the chief financial officer (CFO) for a firm that uses Incentive stock options (ISOs) as part of its executive compensa

tion plan. He receives $150,000 annually, paid semimonthly, in base salary plus 25 shares of the firm's stock per month. The stock is omitted from gross pay calculations and is valued at $52.50 per share and he may exercise his option within five years at $0.10 per share. What is Lloyd's gross pay for mid-October
Business
1 answer:
Nata [24]3 years ago
4 0

Answer:

the gross pay of Lloyd is $6,250

Explanation:

The computation of the gross pay is shown below:

= Amount received annually ÷ number of months

= $150,000 ÷ 24

= $6,250

Hence, the gross pay of Lloyd is $6,250

we simply applied the above formula so that the correct value could come

The other things would be irrelavant

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A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of
Verdich [7]

Answer:

$3.70

Explanation:

In this question we have to assume the items values

Let say

Sales = $100

So supply chain it spends 50% i.e $50

Profit is 4% i.e $4

Since the 46% is dividend among fixed and production costs

So the fixed cost is $23 and variable cost is $23

Now if the sales increase by $X, the revenue will increase by X.

So it would also increased the cost by X × (0.5+0.23)

And in overall, the profit is also increased

Plus it is given that there is  27% profit margin

So, the equation is

0.27X = 1

Therefore X = $3.70 with additional profit of $1

3 0
3 years ago
Archer Construction Company began work on a $420,000 construction contract in 2017. During 2017, Archer incurred costs of $278,0
zheka24 [161]

Answer:

This a loss making contract of $33,000

Explanation:

Under I.A.S 11, The following steps are followed

<em>Step 1 - Determine Expected Outcome of the Contract </em>

Project Value - 420,000

Cost to date -  (278,000)

Cost to complete - (175,000)

Outcome of Contract is Loss of $33,000

<em>Step 2 - Determine the amounts to be recognized in Income Statement for Profit, Revenue and Cost .</em>

Cost to date -  278,000

Contract Loss  (33,000)

Revenue (Balancing Amount = $245,000

<u>Journal Entries</u>

Dr  Cost expended to date - 278,000

Cr      Revenue to date -             245,000

Cr      Loss                                      33,000

b) Percentage Completion Method

Stage of Completion %  = (Costs incurred to Date / Total Contract Costs )*100

278,000/453,000 = 61.36%

Revenue recognizable = 61.36% * Contract Value = 257,712

Cost to date  =................................................................. = 278,000

Loss to Date (balancing figure)................................... =   20,288

<u>Journal Entries</u>

Dr  Cost expended to date - 278,000

Cr      Revenue to date -             257,712

Cr      Loss                                      20,288

8 0
3 years ago
How much is a 1941 wheat penny worth today??
bearhunter [10]
10,000-15,000 american dollars
7 0
3 years ago
Read 2 more answers
Will give brainlyest!!!!!! PLEASE HELP!!! :) 1.suppose a firm has sales in cahs. when does the inflow of cash occur? 2. A cash b
Diano4ka-milaya [45]

#1 is at the time of the sale. 2. is future cash flows. Im taking the same quiz and cant figure out any of the other answers :(

3 0
3 years ago
Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.15 and the variable cost per unit is $16.30. Goldfa
guajiro [1.7K]

Answer:

$7.85

Explanation:

Provided that

Selling price per unit = $24.15

Variable cost per unit = $16.30

Total fixed cost = $25,400

Budgeted sales 8,400 units

The formula to compute the contribution margin per unit is as follows

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $24.15 - $16.30

= $7.85

By deducting the variable cost per unit from the selling price per unit we can find out the contribution margin per unit

3 0
3 years ago
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