What is the advantage and disadvantage of paying your employees stock option?

Q: The following lots of Commodity Z were available for sale during the year. Beginning inventory 10…

A: Introduction: LIFO: LIFO stands for Last in First out. Which means last received inventory to be…

Q: Are bonuses to employees subject to Income Tax? Discuss the tax implications to the taxable income…

A: Income tax An income tax is considered an important direct tax. It is an important source of revenue…

Q: Your company declared $13,800 cash dividends on stock. There were 3o, dividends payable at the…

A: Formula: Dividends paid = Beginning dividends + Dividends declared - Ending dividends

Q: Calculate the missing values and express the answers rounded to two decimal places. Rate of Amount…

A: Markup is an amount of profit added to the cost price to arrive at selling price of the product.

Q: During the month of March 2022, Turaco sole trader purchased goods to the value of N$12 000, of…

A: Net profit is the difference between gross profit and expenses. Gross profit is the difference…

Q: On January 2, 2019, U Co. purchased 75% of the outstanding shares of N Co. resulting to a goodwill…

A: Equity shareholder's net income is the net income of the parent adjusted for the intercompany…

Q: Peter Smart used to wash cars in the back yard of his home. He set up a car cleaning business and…

A: A business is set up by bringing the capital in the form of cash and other assets. The capital…

Q: Question 1 Presented below is selected information related to Mohammed Ltd at December 31 20X1.…

A: Ans a) Determination of total Assets at December 31,20X1::: Equipment Account:::29,000..…

Q: How will differentiate investment on gambling?

A: Investment and gambling both necessitate putting money at risk in order to earn. Limiting risk while…

Q: Required: • prepare a worksheet

A: Accounting is the process of recording, classifying and summarising accounting information. At the…

Q: Braxton's Cleaning Company stock is selling for $33.00 per share based on a required return of 11.4…

A: Dividend :::33$*14%=$4.62....

Q: nterest in S Com

A: Introduction Minority interest means ownership or interest of less then 50% of an enterprise. The…

Q: Question 20: Identify the incorrect statement regarding EFTPS. Answer: А. It's a free, online…

A: Answer 20:- Option C is incorrect. Explanation:- When the payment is done using this system must be…

Q: DATE PARTICULARS DEBIT CREDIT P 200,000 40,000 Dec-01 Cash Equipment Candelaria Maugat, Capital To…

A: Journal Entries are posted into T-accounts. The balance of T-accounts are presented in the trial…

Q: He belongs to a medical aid fund to which he contributed R3 000 per month to during the year of…

A: Introduction: When one account incurs expenditures or receives money on behalf of one or more other…

Q: During February 2022, the following occurred in the business of Nam-Tura Trading, a general dealer:…

A: In the context of the given question, we are going to determine the drawings from transactions as of…

Q: The following are facts about a company's activities: Cash flows from operating activities was…

A: Formula used : Ending cash balance = Cash flows from operating activities + investing activities +…

Q: Determine the consolidated net income for 2020.

A: Consolidated net income is the net income which has been actually earned by the company when the…

Q: Manufacturing P14,980.00 Transportation in P9,000.00 Supplies Office supplies Utilities office…

A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three…

Q: rs are in thousands. By how much do the closing entries at the end of 2017 increase fund…

A: The unsigned fund balance is determined by adjusting the difference between general fund revenue and…

Q: Exercise 10-6 (Algo) Goodwill [LO10-1] On March 31, 2021, Wolfson Corporation acquired all of the…

A: In accounting, goodwill is usually defined as the worth of a company that surpasses its assets less…

Q: On January 2, 2019, Upo Co. purchased 75% of the outstanding shares of Napa Co. resulting to a…

A: Consolidation refers to the method under which two or more smaller companies merge into the large…

Q: 0,000 per year. Wh

A: Concept Under straight Line method, same amount of depreciation is charged on the Asset in each of…

Q: Salinger Software was founded in 2012. The company lost money each of its first three years, but was…

A: Tax is a liability calculated on the income earned by an individual or company and paid to the…

Q: Question 28: For an employer operating in only one state, Schedule A of Form 940 is completed if…

A: Note: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered…

Q: Question 3 Free cash flow measures are more useful to investors When the indirect method is used.…

A: free cash flow measures the performance of the company , shows the cash that company can produce…

Q: 4- Which of the following statements is true regarding the operating distributions of companies? If…

A: Answer: According to the above question which of the following statements about company operating…

Q: Which of the following transactions is subject to 6% CGT A. Sale of condominium units by a real…

A: The question is related to the Capital Gain Taxes.

Q: Banks are specifically interested in accounts receivable and inventory as these are collateral for a…

A: Account Receivables are the current asset of the company. It is listed in balance sheet of the…

Q: Selected hypothetical comparative statement data for the giant bookseller Barnes & Noble are…

A: Formula used: Profit margin=Net incomeNet sales×100 Asset turnover=Net salesAverage total assets…

Q: During February 2022, the following occurred in the business of Nam-Tura Trading, a general dealer:…

A: The discount allowed to debtors is recorded as debit balance into the books.

Q: Ryan owns 100 shares of Ajax Corporation with a basis of $6,000 and a FMV of $24,000. Ryan receives…

A: The stock is issued by the company in order to fulfill its capital requirement. The stockholders are…

Q: What is the average inventory at retail? [round off numbers] вом EOM January $50,500 $53,400…

A: The average retail inventory is calculated by taking the sum of all the inventory at the beginning…

Q: Use the following to answer questions 23 - 26 J.T Corporation was organized on January 3, 20XE. The…

A: The additional paid in capital is the excess value of capital received from shareholders as compared…

Q: Exercise 10-26 (Algo) Research and development [LO10-8] In 2021, Space Technology Company modified…

A: A journal entry is used to document a business deal in a company's accounting records. A journal…

Q: How much money will you have available to you after five years if you put aside $100.00 a month in…

A: Compound Interest- Compound interest is interest that is added to the principal amount each year,…

Q: Cannington, Inc., designs, manufactures, and markets personal computers and related software. The…

A: Depreciation indicates the reduction in the historical cost of the fixed asset due to day-to-day…

Q: The Amani Company is planning a $200,000 equipment investment that has an estimated eight-year life…

A: Payback is the period during which the initial investment in the project will be recovered from…

Q: Accounting 29-5. Which of the following is the most appropriate asset for Colleen to give to her…

A: An IRA is a saving for the purpose of retirement which ultimately gives tax benefits.

Q: What is the importance accounting standard for the purpose of preparng financial reports,…

A: Accounting standards are the rules and policies which are followed so that the financial statements…

Q: Sales revenue is $ 500000 , Variable costs are 30 % of sales revenue and fixed costs are $ 200000 ,…

A: Lets understand the basics. For calculating net profit(loss), we will need to use below formula. Net…

Q: CBD Shop cash balance in the balance sheet ending June 30 20X0 shows $16 000. The net cash flows…

A: The correct Option in the given question is: (d) The cash in the balance sheet ending 30 June 20X1…

Q: Y Inc. is a wholly owned subsidiary of P Corporation. The following are excerpts from the 2019…

A: Net income attributable to p corporation is the total net income after taxes which belongs to the p…

Q: Samtech Manufacturing purchased land and building for $3 million. In addition to the purchase price,…

A: 1. Value to be capitalized: Purchase Price $3,000,000 Title Insurance $23,000 Add: Legal fees…

Q: The company issued GHS 5m of irredeemable preference shares to finance the warehouse purchase.…

A: Audit risk refers to the possibility that a material misrepresentation is present in a company's…

Q: An American manufacturing company has new equipment with a first cost of $ 25,000, an estimated…

A: Sum of years digit method is the method where depreciation is charged for a fraction of year out of…

Q: doubtful aceounts estimated at 5% of eredit sales A What amount should be reported as net realiaable…

A: Sales on account means  the credit sales which means that goods has been sold but amount will be…

Q: Entries for Selected Corporate Transactions Nav-Go Enterprises Inc. produces aeronautical navigation…

A: The shareholders' equity section records the additional issuance of shares, treasury stock, retained…

Q: ute cash as it becomes available. At each end of the month. On February 28, 2018 some assets were…

A: The distribution of Cash is in the following sequence: i) Payments for the Liabilities ii) Payment…