Answer:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize fonexpectedly to $26 per share.
Answer: Option (d) is correct.
Explanation:
Correct option: Market price is greater than marginal cost.
In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.
At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.
Therefore, option (d) is not true.
Answer:
The correct answer to the following question is B) the economy is at full employment.
Explanation:
Standardized budget which is also know as full employment budget , is used to measure the federal budget deficit or surplus , with the given tax rates and government spending. Here the assumption made is that the economy has full employment, and this is one of the major difference between standardized and actual budget . Also standardized budget would reflect any type of adjustment that has to be made in the actual budget. So therefore the only way that actual budget and standardized budget are equal is when they both have full employment present in the economy.
Answer
Food is what we get from agriculture.
To rank the given option from the highest to lowest degree of importance, we need to do a little research on the each of the individual subjects.
these can be arranged in the following order.
(1) Food
(2) agriculture
(3) natural resources careers.
Answer:
A. $153,000
Explanation:
The Journal Entry is shown below:-
Property Dr, $1,173,000
To Treasure stock $1,020,000
To additional paid-in-capital $153,000
The computation is given below:-
For Property
= 25,500 × $46
= $1,173,000
For Treasure stock
= 25,500 × $40
= $1,020,000
For Additional paid-in-capital
= $1,173,000 - $1,020,000
= $153,000
