Answer and Explanation:
The computation and journal entries are shown below:
1.. The total compensation cost is
= 15 million × $3 per share
= $45 million
2.
On Jan 1
Deferred compensation expense $45 million
To Common Stock $15 million
To Additional paid in capital $30 million
(Being expense is recorded)
3.
On Dec 31
Compensation expense ($45 ÷ 3) $15 million
To Deferred compensation expense $15 million
(Being expense is recorded)
Answer:
45,000 shares
Explanation:
The computation of the number of shares computed for the basic earning per share is shown below:
= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7
= 20,000 shares + 20,000 shares + {10,000 shares × 6 months ÷ 12 months }
= 20,000 shares + 20,000 shares + 5,000 shares
= 45,000 shares
The 6 months are calculated from Jan 1 to July 1
The best action that Helena should take first is that she
should decide that when retail stores and as well as online customers order
bikinis, she should help them in a way that they don’t have to wait more than
two weeks in regards of the order to arrive. By that, this will prevent
customers from cancelling their order.
Answer: I would buy the bike helmet.
Explanation:
The bike helmet is needed, but the CD is only wanted. Therefore, it would be smarter to buy the bike helmet and invest in buying the CD later.
