AS AT December 2018, the market price ended at 30 USD Which is 10 USD above pre established price on the 114,000 SARs
thus compensation for the year ended 2018 will be 10 x 114,000
Your original purchase price was $950.00 plus 5% sales tax. You enter into an agreement where the interest (12.5% APR) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is accrued from the date of purchase. You missed the first payment due date. The late fee is $35.00. How much is the interest? $10.39
interest is $10.39
Purchase price is $950.00
sales tax= 5%
APR = 12%
Late fee is $35
Purchase price after sales tax will be
Monthly rate will be
Interest on purchase price
hence interest is $10.39
__________ emphasizes that there is "one best way" to perform a job or task in order to increase productivity. the "one best way" could be identified by studying each task and developing precise procedures.
What is a market that runs most efficiently when one large firm supplies all of the output referred to as?
What is a market that runs most efficiently when one large firm supplies all of the output referred to as? Natural monopoly. A natural monopoly happens when there are high fixed costs or start-up costs when running a business in certain industries. A natural monopoly example are pipelines that run for water and gas. This is because they are expensive to start and run but also extremly necessary and specific to the industry.
The answer to this question is Natural monopoly.
Boxer Company owned 16,000 shares of King Company that were purchased in 2016 for $440,000. On May 1, 2018, Boxer declared a property dividend of 1 share of King for every 10 shares of Boxer stock. On that date, there were 50,000 shares of Boxer stock outstanding. The market value of the King stock was $22 per share on the date of declaration and $38 per share on the date of distribution. By how much is retained earnings reduced by the property dividend?
By 110,000 the retained earnings reduced by the property dividend.
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.
The ________ is a budget based on multiple levels of projected sales or production.
Answer: The Flexible Budget
A flexible budget is a budget that is prepared to cater for various levels of activity, i.e. differing levels of budget production or sales units. It is a budget that helps management prepare for different scenarios and quickly compute variances no matter the level of activity.
It is better than a static budget, which doesn't make adequate provision for circumstances that could be beyond the company's influence and control.
When computing WACC, you should use the: Multiple Choice pretax yield to maturity because it considers the current market price of debt. pretax cost of debt because it is the actual rate the firm is paying its bondholders. pretax cost of debt because most corporations pay taxes at the same tax rate. aftertax cost of debt because interest is partially, if not fully, tax deductible. current yield because it is based on the current market price of debt. g
after tax cost of debt because interest is partially, if not fully, tax deductible.
The debt requires fixed payment in the form of interest as attached to it. Also, since it is mandatory, it is an expense and not an appropriation of profits or earnings.
Further as the tax is payed on income after providing for all expenses, that is after providing for the interest expense also, the tax expense is reduced because of reduction in profit from interest expense.
Thus, on the net effect the company's cost of debt is the payment of interest less the tax benefit.
In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium price to:
The site is busy with many taxpayers waiting for assistance. All volunteers are busy preparing tax returns. Can you quality review
the return you just prepared instead of waiting for someone else to
quality review the return?
A. Yes, if it is a returning taxpayer.
B. Yes, with approval of the site coordinator.
C. No, self review is never an acceptable quality review method.
D. No, unless you are certified at the Advanced level.
The correct answer is letter "C": No, self review is never an acceptable quality review method.
The Internal Service Revenue (IRS) offers two volunteer programs so taxpayers can get assistance in filing their tax returns. Those programs are the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE).
However, each volunteer is appointed one specific function. When it comes to the Quality Review Process, there is one volunteer only dedicated to the reviews of file returns submitted in every authorized site. Volunteers who interview taxpayers to fill out the tax return cannot perform the Quality Review.
Sara loves to go hiking. This week she hiked 3 miles on Monday, 4 miles on Tuesday, and 3 miles on Thursday. Last week Sara hiked 8 miles. How many more miles did Sara hike this week than last week?*