On January 2, 2017, Morey Corp. granted Dean, its president, 20,000 stock appreciation rights for past services. Those rights are exercisable immediately and expire on January 1, 2020.On exercise, Dean is entitled to receive cash for the excess of the stock's market price on the exercise date over the market price on the grant date. Dean did not exercise any of the rights during 2017. The market price of Morey's stock was $30 on January 2, 2017 and $45 on December 31, 2017.As a result of the stock appreciation rights, Morey should recognize compensation expense for 2017 of$300,000.$100,000.$600,000.$0.
Answers
Answer:
$300,000.
Explanation:
The 2017 compensation expense for these stock-appreciation rights equals: (number of shares) x (ending market price - grant-date market price) = 20,000($45 - $30) = $300,000.
Related Questions
Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $290,400 and the variable expenses are 45% of sales. Given this information, the actual profit is:(Do not round your intermediate calculations.)
ABC will purchase a machine that will cost $2,575,000. Required modifications will cost $375,000. ABC will need to invest $75,000 for additional inventory. The machine has an IRS approved useful life of 7 years; it is presumed to have no salvage value. ABC plans to depreciate the machine by using the straight-line method. The machine is expected to increase ABC's sales revenues by $1,890,000 per year; operating costs excluding depreciation are estimated at $454,600 per year. Assume that the firm's tax rate is 40%. What is the annual operating cash flow?
Which of the following statements is FALSE?A. MMProposition1, if there are no taxes, states the value of the firm does not depend whatsoever on itscapital structure.B. MM Proposition 2, if there are no taxes, explains how the cost of equity decreases as the firm increasesits use of debt financing.C. Because interest expense is tax deductible, leverage increases the firm's value by the amount of thepresent value of the interest tax shield.D. Because interest expense is tax deductible, a firm's WACC decreases as firms rely more heavily on debt financing.
The Bureau of Labor Statistics announced that in January 2013, of all adult Americans, 143,322,000 were employed, 12,332,000 were unemployed, and 89,008,000 were not in the labor force. Use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
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Explanation:
Management theories are concepts surrounding recommended management strategies, which may include tools such as frameworks and guidelines that can be implemented in modern organizations. Generally, professionals will not rely solely on one management theory alone, but instead, introduce several concepts from different management theories that best suit their workforce and company culture.
Answers
Answer:
The answer is
$197,400.
Explanation:
The cost of acquisition of an asset (land) is the non-depreciable costs associated with the acquisition of the land, because land is considered as an asset that does not depreciate. The costs that make up the cost of acquiring a land includes the normal, reasonable and necessary expenditures associated with the land to obtain it and get it ready for use. These include the agreed upon cash price, repair and reconditioning costs, title fees, legal fees, zoning fees and survey fees. On the there are costs of improvements made on the land and this is not part of acquisition costs because these improvements depreciate with time, and they are recorded in the cost of improvement account which takes depreciation into consideration. Example of these costs include parking lots, irrigation systems etc.
Hence in this case, all the expenditures except the cost of paving a parking lot are recorded as cost of acquisition of the land, and these include:
cost of purchase = $185,000
property taxes = $ 5,200
title and attorney fees = $ 3,100
cost of grading = $ 4,100
Total = $197,400
B) False
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Answer:
The correct answer is letter "A": True.
Explanation:
Goals represent the objectives companies set that must be achieved within a specified period of time. Goals represent what firms want to achieve and where they want to be positioned in the market. Goals have the characteristic of being measurable, which means entities can monitor the progress of the path of reaching a goal and observable, which implies they are realizable.
Final answer:
The statement is true. A 'goal' represents a commitment to a specific, measurable outcome to be achieved within a defined time frame; this concept is often referred to as SMART goals.
Explanation:
The statement 'A goal is a specific commitment to achieve a measurable result within a stated period of time' is indeed true. Also known as SMART goals, this concept is frequently used in business and personal development contexts. The SMART acronym stands for Specific, Measurable, Achievable, Relevant, and Time-based, which succinctly sums up the essential elements of an effective goal. For example, a student might set a goal to 'Achieve an A grade in history this semester,' which is specific, measurable, presumably achievable, relevant to their academic success, and time-bound by the length of the semester.
Learn more about Goal Setting here:
#SPJ3
Answers
When The number of workers unemployed in this nation is 2.8 million
Unemployed workers
When The number of workers employed is 42.70 million
Although when 45.5 million accounts for the nation's labor force of 100% since the unemployment rate is 6.15%, then hence proof that the percentage of workforce gainfully employed is 93.85% .(100%-6.15%)
Then Accordingly, the portion of the population is employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)
Find out more information about unemployed here:
Answer:
The number of workers unemployed in this nation is 2.8 million
The number of workers employed is 42.70 million
Explanation:
45.5 million accounts for the nation's labor force of 100%,since the unemployment rate is 6.15%,hence the percentage of workforce gainfully employed is 93.85%.(100%-6.15%)
Accordingly, the portion of the population employed is 42.70 million(93.85%*45.5 million) while the balance of 2.8 million is for the unemployed(45.5 million minus 42.70 million)
Answers
Answer:
The correct answer is b. Total revenue will fall.
Explanation:
The equation for the price elasticity of demand (PED) is ε =
where Q represents the quantity, P represents the price and d represents variation.
If the demand for a product is highly elastic, mathematically it means that the PED in absolute value is greater than 1.
|ε| > ⇒ |ε| > 1
Economically that means that the quantity demanded of that product will decrease more than proportionally to the increase in price of that same product. In other words, the company will experience that a increase in price of its product raises the revenue for each unit sold, but given that the PED is highly elastice an increase in price reduces the number of units actually sold to the extent the company's total revenue actually falls.
Answers
Answer:
Cyclical Unemployment
Explanation:
Cyclical Unemployment occurs due to irregularities surrounding an economy and these said cycles eventually brings about recession and thus, a good number of willing workers would not be able to get jobs due to this fact. What Joseph is experiencing is called Cyclical unemployment.