Answer:
True
Explanation:
Stock ownership plans refer to those plans whereby the existing employees are provided with an opportunity to purchase the stocks of the company at a lower price than they are offered in the open market
Employee stock option plans are one of the stock ownership plans. The condition for availing such plans is usually the length of the service of the employees. The benefit is recorded as an employee compensation.
In the context of big organizations with innumerable employees, employees may not be able to identify themselves as significant and may consider those with major chunk of shareholdings as the ones whose actions affect the stock price.
This being merely an illusion since collective efforts of all the employees affect the company's stock price.
the correct answer is letter C:)
Hope it's help!! :))
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Answer:
Barb will earn interest on interest yes because she don't retire the interest
Explanation:
a. Barb will earn compound interest both will aearn compound interest.
b. Barb will earn more interest the first year than Andy both are compound annualy. The first year both will earn the same amount of interest.
c. Barb will earn interest on interest yes because she don't retire the interest and reinvest it.
Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan
d. After five years, Andy will have more money in his account than Barb. No because he spend his interest.
e. Andy will earn more interest the first year than Barb both are compound annualy. The first year both will earn the same amount of interest.
Answer:
Cash conversion period = 255.46 days
Explanation:
<em>The sale-to-cash conversion period is the average length of time between when payment is made to suppliers for goods purchased and when cash are received form customers in respect of sales. The shorter the better because the period indcates how much working finance a business would need .</em>
It is calculated as follows
Cash conversion period = Inventory days + receivable days - Payable days
Inventory days
=(Average inventory/cost of goods)× 365
=(120,000/182,500) × 365
=240 days
Receivable days
=Average receivable/Credit sales× 365
=(85,000/325,000)× 365 days
= 95.46 days
Payable days
= Average payable days/cost of goods × 365days
= 40000/182,500 × 365 days
= 80 days
Sales to cash conversion period
= 240 + 95.46 - 80
= 255.46 days
Answer:
AI's gross income for 2019 using the cash basis of accounting is $345,200
Explanation:
The computation of the gross income using the cash basis of accounting is shown below:
= Cash received for medical services + advance payment received from a health maintenance organization (HMO)
= $334,200 + $11,000
= $345,200
The other items values are related to the accrual basis of accounting, So we do not consider in the computation part