LCI Cable Company grants 2.0 million performance stock options to key executives at January 1, 2018. The options entitle executives to receive 2.0 million of LCI $1 par common shares, subject to the achievement of specific financial goals over the next four years. Attainment of these goals is considered probable initially and throughout the service period. The options have a current fair value of $16 per option.

Required:
a. Prepare the appropriate entry when the options are awarded on January 1, 2018.
b. Prepare the appropriate entries on December 31 of each year 2018.
c. Suppose at the beginning of 2019, LCI decided it is not probable that the performance objectives will be met. Prepare the appropriate entries on December 31 of 2019 and 2020.

Answers

Answer 1

Answer:

Data provided as per the question is given below:-

Option expected to vest = 2.4 million

Fair value = $13

No Journal entry is required until the end of the reporting period, but reimbursement must be calculated at the grant date.

Estimated total compensation = Option expected to vest × Fair value

= 2.4 million × $13

= $31.2 million

Explanation:


Related Questions

According to the results of the 2019 expatriate survey, which of the following most accurately describes he current state of HRM efforts o staff international operations?
A. more women are accepting international assignments
B. people without family or kids are less successful in international assignments.
C. third-country nationals are quickly being replaced y localized expatriates.

Answers

Answer:

Option A is the accurate option.

Explanation:

Employers would be assigned to foreign employment, and therefore more women than ever are being sent overseas.The trend has always been rising throughout the Asia-Pacific region especially Northern America has been seeing substantial growth throughout this phenomenon or development.

The other choices aren't related to the given scenario. So the above is the appropriate solution.

The Pan American Bottling Co. is considering the purchase of a new machine that would increase the speed of bottling and save money. The net cost of this machine is $56,000. The annual cash flows have the following projections. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

Year Cash Flow
1 $23,000
2 23,000
3 25,000
4 28,000
5 16,000

Required:
a. If the cost of capital is 10 percent, what is the net present value of selecting a new machine?
b. What is the internal rate of return?

Answers

Answer and Explanation:

The computation is shown below;

a. the net present value is

Year   cash flow        factor at 10%     Discounted cash flows

0         -$56,000         1                         $56,000

1           $23,000         0.9091               $20,909.09

2         $23,000          0.8264              $19,008.26

3         $25,000         0.7513                 $18,782.87

4         $28,000         0.6830               $19,124.38

5        $16,000          0.6209               $9,934

Net present value                               $31,759.34

b. The internal rate of return is

Here we apply the formula

= IRR()

After this, the irr is 30.75%

has a standard of 2 direct labor hours per unit. The standard wage rate of each worker is $32.50 per hour. In July, the company produced 4,770 units and paid workers $190,000 for a total of 8,940 direct labor hours. Compute the direct labor efficiency variance.

Answers

Answer:

$130 Favourable

Explanation:

Given the above information,

Standard hours = 2 × 4770 = 9,540

Actual hours = 8,940

Standard rate = $32.50

Then, Direct labor efficiency variance is computed as

= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour

= [(2 × 4,770) - 8,940] × $32.50

= [9,540 - 8,940] × $32.50

= 600 × $32.50

= $130 Favourable

FINANCIAL LITERACY
WILL MARK BRAINLIEST PLS HELP ASAP!!

Answers

Answer:

i dk

Explanation:

tthanks for the points tho

What are the advantages of electronic communication

Answers

Answer:

IT HEPLS TO SOLVE ECONOMIC PROBLEMS ABOUT TRADITIONAL SUPERSTATION

Answer:

1. It is cheap

2. Ease of access and long term storage

3. Mobility in information transfer

4. Speedy communication

Explanation:

1. Communication over electronic media is very cheap and economical. Messaging via mobile devices can be done at little or no cost. Very important and urgent information can be disseminated through text or phone calls. This eliminates the cost of transportation.

2. You can save any information you receive or send easily for retrieval in future. The user can choose to store the messages temporarily or permanently. He can decide to print or store in files or hard disks.

3.Electronics communication involves the use of mobile devices such as phones, laptops and tablets for communication. You can carry these devices around easily, hence the portability in information and messaging.It makes it possible for people to stay in touch with their colleagues, friends and family anywhere and anytime.This channel of communication is a very big booster in the productivity of people who work online. They can do their jobs anywhere even when they are on vacation, inside the train, on a bus and anywhere you can think of.

4.Electronic communication is very fast. It offers users the opportunity to message and share information, multimedia messages and other information files within a blink.Instant messaging is very beneficial as people can now get information on the go.The quickness of important information can save lives and properties. Electronic Communication is very useful in security. You can use it as a means to create awareness about danger and people will be on the know within a matter of seconds.

Quelle è il articolo che parla dalla ugualianza

Answers

Il principio è contenuto nell'articolo 3 della Costituzione, uno dei più importanti e noti, che che dice: Tutti i cittadini hanno pari dignità sociale e sono eguali davanti alla legge, senza distinzione di sesso, di razza, di lingua, di religione , di opinioni politiche, di condizioni personali e sociali.

You sold two EUR futures contract at the closing price on 3/01. Each EUR futures contract requires the delivery of EUR125,000. Suppose, the initial and maintenance margin for each EUR futures contract are $1,500 and $1,000, respectively. Assume that you do not withdraw from your margin account during this period, but that you do meet your margin calls if you get any

Date 3/01 3/02 3/03 3/04
EUR Spot Price $1.3579 $1.3527 $1.3588 $1.3580
July EUR Futures Contract Price $1.3750 $1.3782 $1.3827 $1.3713

The profit / loss posted to your account at the close of 3/02 is ______

Answers

Answer:

What

Explanation:

PLEASE HELP!!

A wholesale company sold one of its trucks for $5,150. The truck cost $28,795 when it was
bought eight years ago.
a. What was the total depreciation on the truck for the eight-year period?

Answers

Answer:

the answer is 23,645. i hope this helps :)

Explanation:

Petty Cash Fund Entries
Journalize the entries to record the following:
Check No. 12-375 is issued to establish a petty cash fund of $500.
The amount of cash in the petty cash fund is now $40. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $212; miscellaneous selling expense, $156; miscellaneous administrative expense, $61. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.)
Petty Cash Fund Entries
Journalize the entries to record the following:
Check No. 12-375 is issued to establish a petty cash fund of $500.
The amount of cash in the petty cash fund is now $40. Check No. 12-476 is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $212; miscellaneous selling expense, $156; miscellaneous administrative expense, $61. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $500, record the discrepancy in the cash short and over account.)
a. Journalize the entry to establish the petty cash fund. If an amount box does not require an entry, leave it blank.
b. Journalize the entry to replenish the petty cash fund. If an amount box does not require an entry, leave it blank.

Answers

Answer:

A. Dr Petty cash fund $500

Cr Cash $500

B. Dr Office supplies expenses $212

Dr miscellaneous selling expense $156

Dr miscellaneous administrative expense $61

Dr Cash short and over 31

Cr Petty cash fund $460

Dr Petty cash fund $460

Cr Cash $460

Explanation:

A. Preparation of the journal entry to establish the petty cash fund.

Dr Petty cash fund $500

Cr Cash $500

(To establish the petty cash fund)

B. Preparation of the journal entry to replenish the petty cash fund.

Dr Office supplies expenses $212

Dr miscellaneous selling expense $156

Dr miscellaneous administrative expense $61

Dr Cash short and over 31

($500-$212+$156+61+$40)

Cr Petty cash fund $460

($212+$156+$61+$31)

(To replenish the petty cash fund)

Dr Petty cash fund $460

($212+$156+$61+$31)

Cr Cash $460

Such factors as having one's own tools and workplace, having a number of customers, setting one's own work schedule and having the power to determine how a job will be carried out indicate that this person is likely:_______.
a. An employee An incidental employee
b. An employee by ratification
c. A gratuitous employee
d. An independent contractor

Answers

Answer:

d. An independent contractor

Explanation:

The factors mentioned in the question above refer to an independent contractor, that is, a worker who is self-employed and controls his own work that is not regulated by an employer.

An independent contractor has the autonomy and freedom to coordinate his work according to his own needs, that is, he can offer his service to a clientele choosing his place of work, schedule and the power to finish how the work will be done.

Some examples of independent contractors may be entrepreneurs, lawyers, doctors, dentists, traders, etc.

Coronado Company is authorized to issue 9000 shares of 9%, $100 par value preferred stock and 522000 shares of no-par common stock with a stated value of $1 per share. If Coronado issues 4500 shares of preferred stock for land with an asking price of $571000 and a market value of $547000, which of the following would be the journal entry for Coronado to record?
(a) Land 571000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 121000
(b) Land 547000
Preferred Stock 450000
Paid-in Capital in Excess of Par-Preferred 97000
(c) Land 450000
Preferred Stock 450000
(d) Land 547000
Preferred Stock 547000

Answers

Answer:

(b) Land 547000

Preferred Stock 450000

Paid-in Capital in Excess of Par-Preferred 97000

Explanation:

The journal entry is shown below;

Land $547,000  

       To Preferred stock  $450,000 (4,500 shares × $100)

       To Paid in capital, in excess of par- preferred  $97,000

(being the preferred stock is issued in exchange of land)

Here the land is debited as it increased the asset and credited the preferred stock & paid in capital as it increased the equity

Therefore the correct option is b.

On May 8, Dome filed a financing statement that adequately identified the collateral. On June 9, Tint sold one computer to Bean for personal use and four computers to Green Co. for its business. Which of the following is correct?
A. The computer sold to Bean will riot be subject to Dome's security interest
B The computers sold to Green will be subject to Dome's security interest
C. The security interest cloes rnot include the prioceeds from the sale of the.computers to Green
D. The security interest muy not cover after-acquired property evenif the parties agree 2 pts

Answers

Answer: A. The computer sold to Bean will not be subject to Dome's security interest

Explanation:

The computers sold to Bean have passed ownership from Tint to Bean and so cannot be subject to whatever agreements Tint had with Dome Bank because those agreements were contingent on Tint owning the computers.

For instance, if you buy a car from a dealership which had acquired those cars by using loans from a bank, you are not liable to pay the interest on the loan that the dealership took to buy the car.

the preferred stock of BGE, inc. is sold at $37 and pays a divident of $5. And the net price of the secuirty after issurancee costs is estimated to be $32.93 what is the cost of preferred stock for BGE? g

Answers

Answer:

15.18%

Explanation:

Cost of preferred stock = Annual dividend/Net Proceeds

Cost of preferred stock = $5 / $32.93

Cost of preferred stock = 0.1518372305

Cost of preferred stock = 15.18%

So, the cost of preferred stock for BGE is 15.18%.

why do conduction band electrons posses very high energy's.h​

Answers

Just because of band gap. The forbidden energy gap keeps the conduction band at high energy by an amount to equal to band gap energy from the valence band edge. If you compare energies of electrons present in conduction band and valence band, they significantly differ by an amount equal to band gap energy. The low energy electron presents in a valence band requires an energy equal to band gap energy to excite to conduction band. Consequently, the electrons present in conduction band possess high energy compared to electrons present in valence band. At absolute zero K, the low energy states present in valence band are usually completely occupied where as the high energy states present in the conduction band are unoccupied.

Select the correct answer from each drop-down menu.
What techniques can you use to control inventory costs?

(economic order, Just in time, Carrying) ______ quantity indicates the minimum quantity of goods to reach before reordering inventory.
(Reliable Stock, Safety Stock, Scheduled Stock) _____ is the quantity of goods to keep as a buffer to utilize in times of emergency.

Answers

Answer:

First one: Economic Order; Second One: Safety Stock

Explanation:

I know the second one's right because it frequently shows up on PLATO modules for business. The first one is economic order according to investopedia.com. I looked up both carrying quantity and just in time quantity, too-- it seems as carrying quantity isn't a thing, and just in time quantity focuses on decreasing waste. See my comments on your question for quotes from the source.

Hope this helps you!!

1. A location’s risks can make a difference in premium costs. Think about two houses, one built on a mesa (a high desert plateau) in Arizona and the other built on the Louisiana coast (below sea level). Which location is more likely to experience flooding? Which house would have lower premiums for flood insurance?

Answers

Answer:

House with lower premiums for flood insurance -- house built on Mesa in Arizona.

Location more likely to experience flooding --- Louisiana coast which is below sea level.

Explanation:

Insurances provides a protection in exchange for a amount of fee known as a premium. An insurance is a policy or an agreement where the person availing the policy gets a financial protection against the calamities or losses that occurs to the person as promised by the other party. But for that the person needs to a pay a fee called as the premium to the other party.

In the context, the house which is built on the mesa, which is a high desert plateau in Arizona is less prone to floods. Since the location of the house is in a high altitude place, it is less likely to experience floods as compared to the other place in Louisiana coast which is below sea level and is more likely to experience flooding because of its location near the coast and elevation.

Therefore, the house located in Arizona will have to pay lower premiums for flood as there will be less likely to occur flood in the region of the high elevation of the place.

And since house built on Louisiana coast is below sea level, it will more likely to experience floods.

Journalize the following transactions, using the allowance method of accounting for uncollectible receivables
Mar. 17: Received $2,700 from Keith MacPhearson and wrote off the remainder owed of $6,370 as uncollectible.
Mar. 17 July 29: Reinstated the account of Keith MacPhearson and received $6,370 cash in full payment.

Answers

Answer:

                                 Journal entry

Date Account & Explanation                     Debit      Credit

Mar 17.    Cash                                                 $2,700

               Allowance for doubtful accounts   $6370  

                        Account receivable                                $9,070

Jul 29     Account receivable                         $6,370

                        Allowance for doubtful accounts           $6,370

              (To record amount reinstated)

               Cash                                                 $6,370

                         Account receivable                                 $6,370

              (To record amount received)

Ford Motor Company is considering launching a new line of hybrid diesel-electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of million next year. Without the new SUV, Ford expects to earn pre-tax income of $80 million from operations next year. Ford pays a 35% tax rate on its pre-tax income. The amount that Ford Motor Company owes in taxes next year without the launch of the new SUV is closest to ________ million.

Answers

Answer:

$28 million

Explanation:

Without the new SUV, Ford expects to earn pre-tax income of $80 million next year. Now as the SUV is not launched, we would not account for operating losses of $35 million next year. So, the Ford pays taxes on pre-tax income of $80 million next year without the new SUV launch.

The amount that Ford Motor Company owes in taxes next year:

= Tax rate * Pre-tax income

= 35% * $80 million

= $28 million

So, the amount that Ford Motor Company owes in taxes next year without the launch of the new SUV is $28 million

A 10-year, 10.00%, $5,000 bond that pays dividends quarterly can be purchased for $4,610.
This means that $4,610 is spent on the bond now. Every quarter, $125.00 is provided to the purchaser as the dividend. After 10 years, $5,000 is given to the purchaser.
If the bond is purchased and pays as scheduled, which of the following ranges of effective rate of return will the purchaser receive?
a. 11.00% - 12.00%
b. 10.00% - 10.50%
c. 12.01% - 14.01%
d. 10.50% - 10.75%

Answers

Answer: a. 11.00% - 12.00%

Explanation:

We can find the rate using Excel.

Payments are quarterly so we need to adjust the variables to quarterly figures:

Period = 10 years * 4 = 40 quarters

Present value = $4,610 (should be a negative number)

Future value = $5,000 at maturity

The effective rate will be 2.9% as shown in the attachment.

This is a quarterly figure so convert it to annual:

= 2.9 * 4

= 11.6%

It is between 11% and 12%

Ahsan Company makes 60,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $12.60 Direct labor 17.20 Variable manufacturing overhead 4.10 Fixed manufacturing overhead 15.00 Unit product cost $48.90 An outside supplier has offered to sell the company all of these parts it needs for $69.70 a unit. If the company accepts this offer, the facilities now being used to make the part could be used to make more units of a product that is in high demand. The additional contribution margin on this other product would be $319,600 per year. If the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $4.30 of the fixed manufacturing overhead cost being applied to the part would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the company's remaining products. How much of the unit product cost of $48.90 is relevant in the decision of whether to make or buy the part? Multiple Choice $44.60 $17.20 $69.70

Answers

Answer:

Ahsan Company

Only $44.60 of the unit product cost of $48.90 is relevant in the decision of whether to make or buy the part.

Explanation:

a) Data and Calculations:

Annual units of parts produced = 60,000

Unit product costs:

Direct materials                              $12.60

Direct labor                                       17.20

Variable manufacturing overhead    4.10

Fixed manufacturing overhead      15.00

Unit product cost                         $48.90

Outside supplier's offer price per unit = $69.70

Relevant /avoidable costs:

Direct materials                                   $12.60

Direct labor                                            17.20

Variable manufacturing overhead         4.10

Fixed manufacturing overhead           10.70

Unit product cost                              $44.60

Opportunity cost ($319,600/60,000)   5.33

Total avoidable/relevant costs/unit $49.93

difference between manager and management​

Answers

Answer:

The main difference between the two is that leaders have people that follow them, while managers have people who simply work for them.

...

Hamby transfers a capital asset in exchange for a one-half interest in Hartsville LLC. The asset has an adjusted basis to Hamby of $20,000 and a fair market value of $55,000.

Hamby has a $_____________ realized gain on the exchange. Hamby's basis for his LLC interest is $______. The LLC's holding period for the capital asset carries over from Hamby . The LLC’s basis for the contributed property is $____________.

Answers

Answer: a. $35000

b. $20000

c. $20000

Explanation:

a. The realized gain will be:

= Fair market value - Adjusted basis

= $55000 - $20000

= $35000

b. The basis for LLC Interest will be will be thesame as the adjusted basis which will be $20000

c. The LLC basis for the contributed property will be $20000 as it's the cost of the adjusted basis .

=

Firm X develops and licenses its designs to be produced by outside manufacturers. Firm Y develops and manufactures its own designs. If the total invested capital of the two firms is the same, which likely has more equity capital and why

Answers

Answer:

Firm X

Explanation:

In simple words, since the firm X is asset heavy they will have more equity capital in their accounts. On average, companies that adopt asset-light models achieve higher profits. Both provide the identical invested capital, but X has more equity wealth so it can have higher returns on investments.

Thus, from the above we can conclude that the correct answer is firm X.

A business owner decides to give all her employees a living wage and benefits, including any new employees.

Which social responsibility stance did the business owner demonstrate?

Answers

Answer:

Proactive stance.

Explanation:

In Business management, social responsibility can be defined as an organization's obligation to act in a manner that benefits and adds significant value to the society and the people, usually as it conducts its business operations.

Hence, in addition to making profits and maximizing shareholders, organizations are required to lessen negative environmental impact or degradation and provide social amenities such as pipe-borne water, electricity, roads etc. It is also referred to as corporate social responsibility (CSR).

In this scenario, a business owner gave all her employees a living wage and benefits, which is also applicable to any new employees. Thus, the social responsibility stance which the business owner demonstrate is proactive stance.

A proactive stance can be defined as voluntary business practices adopted by an organization or business firm beyond the standard regulatory practice, so as to actively enhance and facilitate growth and development in a society.

How do I solve this? It’s a real estate question.

Answers

A.2.2 points(the answer)(you’re welcome)

Maestro Inc has a $1,000, 6% coupon bond with interest payable semiannually and a remaining term of 20 years. The market yield on similar bonds is 10%. What percentage of face value is the bond selling for today

Answers

Answer:

65.682%

Explanation:

The computation of the percentage is shown below;

But before that first determine the present value i.e.

Given that

Future value = $1,000

PMT = $1,000 × 6% ÷ 2 = $30

RTAE = 10% ÷ 2 = 5%

NPER = 20 × 2= 40

the formula is shown below;

= -PV(RATE,NPER,PMT,FV,TYPE)

After applying the above formula, the present value is $656.82

Now the percentage is

= $656.82 ÷ $1,000

= 65.682%

Assume that, on January 1, 2021, Matsui Co. paid $2,958,000 for its investment in 87,000 shares of Yankee Inc. Further, assume that Yankee has 290,000 total shares of stock issued. The book value and fair value of Yankee's identifiable net assets were both $580,000 at January 1, 2021. The following information pertains to Yankee during 2021:

Net income $290,000
Dividends declared and paid $87,000
Market price of common stock on 12/31/2021 $36 /share

Required:
What amount would Matsui report in its year-end 2021 balance sheet for its investment in Yankee?

Answers

Answer: $3,018,900

Explanation:

Amount to report is:

= Cost of investment + Share of Net income - Share of dividends

Share of Net income

= Percentage ownership * Net income

= 87,000 shares / 290,000 * 290,000

= $87,000

Share of Dividends

= 87,000 / 290,000 * 87,000

= $26,100

Amount to report:

= 2,958,000 + 87,000 - 26,100

= $3,018,900

One out of every ten jobs falls into the marketing category.

True
False

Answers

Answer:

true

Explanation:

one out of every ten jobs falls into the marketing category

Five years​ ago, you invested in the Future Investco Mutual Fund by purchasing shares of the fund at the price of per share. Because you did not need the​ income, you elected to reinvest all dividends and capital gains distributions. ​ Today, you sell your shares in this fund for ​$ per share. If there were a ​% load on this​ fund, what would your rate of return​ be?

Answers

Answer:

7.12%

Explanation:

Full question "Three years? ago, you invested in the Future Investco Mutual Fund by purchasing 1,000 shares of the fund at the price of $ 19.51 per share. Because you did not need the? income, you elected to reinvest all dividends and capital gains distributions. ? Today, you sell your 1,100 shares in this fund for ?$22.02 per share. If there were a 1?% load on this? fund, what would your rate of return? be? The compounded rate of return on this investment over the? three-year period is?"

Value of investment three year ago = 1,000 * $19.51 = $19,510

Value of investment today = 1,100 * $22.02 = $24,222

Load = 1%. Net Proceed from sale of investment = $24,222 * (1 - 1%) = $23,979.78

Rate of return in three year = ($23,979.78 - $19,510) / $19,510

Rate of return in three year = $4,469.79 / $19,510

Rate of return in three year = 0.229103

Rate of return in three year = 22.91%

Annual Return = [(1 + 22.91%)^(1 / 3)] - 1

Annual Return = 1.0712 - 1

Annual Return = 0.712 - 1

Annual Return = 7.12%

In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem, you will explore how saving and investment are connected to the international flow of capital and goods in an economy. Before delving into the relationship between these various components of an economy, you will be asked to recall some relationships between aggregate variables that will be useful in your analysis.

Recall the components that makeup GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C= consumption, I= investment, G =government purchases, X=exports, M =imports, and NX= net exports.
Y= _____

Also, national saving is the income of the nation that is left after paying for _____. Therefore, national saving (S) equals:
S=_____

Rearranging the previous equation and solving for Y yields, Y= _____ Plugging this into the original equation showing the various components of GDP results in the following relationship:
S=_____

Answers

Answer:

Y = C + I + G + NX

S = Y - C

S = I + G + NX

Explanation:

National Income Y = C + I + G + NX ; {where consumption, investment, government purchases, net exports ie exports - imports are corresponding expenditure of households, firms, government, rest of the world}

National Saving (S) is income (Y) left after paying for consumption (C) . So, S = Y - C

Using above equations, Y = C + S , Y = C + I + G + NX

C + S = C + I + G + NX

So, S = I + G + NX

Other Questions
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