Answer: $57,000,000
Explanation:
The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:
= 19,000,000 * 15 * 0.2
= $57,000,000
<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>
Answer:
$2,198,000
Explanation:
The computation of the value of the capital in excess of par account after the dividend is shown below:
Number of shares of stock outstanding = 42,000 shares
Stock dividend percentage = 50%
Now the new shares would be
= 42,000 × 50%
= 21,000 shares
Capital in excess of par value would be
= $41 - $1
= $40
For 21,000 shares, the paid in capital in excess is
= 21,000 shares × $40
= $840,000
And, the capital in excess as per the balance sheet is $1,358,000
Now the value of the capital in excess of par after the dividend is
= $1,358,000 + $840,000
= $2,198,000
Answer: $20,455.66
Explanation:
These are fixed payments per year so it is an annuity.
The present value annuity factor for a discount rate of 10% and 6 years duration is 4.3553.
The present value of the investment is therefore;
= 65,000 * 4.3553
= $283,094.50
The special payment in 2 years from today will be;
Special payment = future value of difference between investment amount and investment present value
= (300,000 - 283,094.50) * ( 1 + 10%)^2
= $20,455.66
Answer:
Holland codes are also known as Holland Occupational Themes, which is a theory based on Vocational choice and careers. The theory was revealed by John L. Holland, who was an American Psychologist.
Explanation:
The Holland codes are involved in career counseling practices and researches. The basic theory was that the occupational preferences of the individuals were surrounded by the underlying character of the individual. The theory is centered on the following six personality traits:
- Realistic - They like to work with hands, assembling and building things, working on tools and machines. They like to work outdoor.
- Investigative - They are more into discovering new ideas, investigating and, asking the questions to solve the problem.
- Artistic- They are more performance-oriented, more expressive, and good at designing and creating things.
- Social- They like working with people and are concerned about the welfare and well-being of other people.
- Enterprising - They like leading, influencing, and encouraging others.
- Conventional- They like following the procedures to work, planning the events, and work. They also like working indoor.
The Holland codes state that the people who possess similar personality traits aim to create an environment that fits them best and their type of work. Holland further stated that when people choose to work in a situation that is related to their personality, they are more contented and successful.
