Answer:
14,000
Explanation:
Given that,
Market value per share = 10
Shares granted = 4,200
Years of grant = 3
Total compensation expense = Market value per share × Shares granted
= 10 × 4,200
= 42,000
Compensation expense per year:
= Total compensation expense ÷ Years of grant
= 42,000 ÷ 3
= 14,000
The compensation expense pertaining to the restricted shares in the first full year after the grant is $14,000.
The compensation expense pertaining to the restricted shares in the first full year after the grant can be calculated by multiplying the number of shares granted by the fair value of the shares on the grant date. In this case, 4,200 shares were granted and the fair value was $10 per share, so the total value of the shares is $42,000.
Since the shares are subject to forfeiture if employment is terminated within three years, the compensation expense is recognized over a three-year vesting period.
Therefore, the compensation expense pertaining to the restricted shares in the first full year after the grant would be $42,000 divided by three years, which is $14,000.
#SPJ3
B.Low openness
C.High agreeableness
D.High neuroticism
E.Low extraversion
Answer:
high conscientiousness
Explanation:
Conscientiousness talks about a personality traits that shows someone as being diligent, reliable and responsible. It also talks about how someone control their desire to act. It is a trait that can be affected by genetic and environmental factors. Conscientiousness also develops more and more in most people as they grow older.
A conscientiousness person is responsible, an organised person who plan very well ahead of time
Answer:
The correct answer is letter "A": High conscientiousness.
Explanation:
Conscientiousness could be seen as an advantage and disadvantage. While some people consider conscientiousness individuals reliable, responsible, careful, and diligent, some others may see them as perfectionists and even workaholics. Then, while selecting a new Chief Executive Officer, the applicant needs to have high conscientiousness but executives in charge of selecting the best prospective manager -Mary in the example, must make sure that the individual balances that skill.
Answer:
b. 10% doubling
Explanation:
Options are "a. tripling, b. 10% doubling, c. 90% tripling, d. 90% doubling, e. 10%"
In this question, 90%(0.9) learning rate means that (1-0.9)10% unit of input is reduced each time the production is doubled. In a nutshell, the learning curve percentage represents the proportion by which the amount of an input per unit of output is reduced each time production is doubled.
Cost of goods sold................... 2,300,000
Operating expenses................. 1,000,000
Income tax expense................. 280,000
Other comprehensive income.. 450,000
a. Prepare an income statement, including comprehensive income, for Anson Industries.
b. Prepare an income statement and a separate statement of comprehensive income for Anson Industries.
Answer:
a.
Anson Industries, Inc..
Income Statement Including Comprehensive Income
for the year ended MM DD, 20Y1
$
Sales 4,000,000
- Cost of Goods Sold 2,300,000
= Gross Income 1,700,000
- Operating Expenses 1,000,000
= Operating Income 700,000
- Income Tax Expense 280,000
= Net Income 420,000
+ Other Comprehensive Income 450,000
Total Comprehensive Income 870,000
b.
Anson Industries, Inc..
Income Statement for the year ended MM DD, 20Y1
$
Sales 4,000,000
- Cost of Goods Sold 2,300,000
= Gross Income 1,700,000
- Operating Expenses 1,000,000
= Operating Income 700,000
- Income Tax Expense 280,000
= Net Income 420,000
Anson Industries, Inc..
Statement of Comprehensive Income
for the year ended MM DD, 20Y1
$
Net Income 420,000
+ Other Comprehensive Income 450,000
Total Comprehensive Income 870,000
Answer:
186.10 days
Explanation:
The operating cycle = Days inventory outstanding + days sale outstanding
where,
Day inventory outstanding = (Beginning inventory + ending inventory) ÷ cost of goods sold × number of days in a year
= ($1,205,000) ÷ $(2,940,000) × 365 days
= 149.60 days
Day sale outstanding = (Beginning Accounts receivable + ending Accounts receivable) ÷ Net sales × number of days in a year
= ($660,000) ÷ ($6,600,000) × 365 days
= 36.5 days
Now put these days to the above formula
So, the days would equal to
= 149,60 days + 36.5 days
= 186.10 days
Trading securities 11,500
Accumulated depreciation on equipment and furniture 29,000
Cash 33,000
Inventory 58,500
Equipment 45,000
Patent 9,000
Prepaid expenses 3,700
Land held for future business site 36,500
In Sheridan’s December 31, 2017 balance sheet, the current assets total is:
a. $212500.
b. $234300.
c. $146500.
d. $218300.
Answer:
$143,700
Explanation:
Current assets in Sheridan Company's trial balance are;
Accounts receivable (net) = $37,000
Trading securities = $11,500
Cash = $33,000
Inventory = $58,500
Prepaid expenses = $3,700
Total current assets = $37,000 + $11,500 + $33,000 + $58,500 + $3,700
= $143,700
The right answer is not given as an option.
Answer:
Ending Cash balance 113,000
Explanation:
Beginnin 76,000
Cash receipts 304,000
payment of DM (137,000)
payment of DL (77,000)
other cash expenses (43,000)
loan repayment (10,000)
Ending Cash balance 113,000