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Problem 1: On January 1,2020, Corp issued 200 share options to each of its 10 executive officers. The options vest at the end of a 6-year period. On the date of grant, each share option had a fair value of P 15. Corp expects that all 2,000 options will vest. After the 6 year period, all executives are still in the employ of Corp and 5 executives exercised their option and purchased the shares for P 20 each. The par value of each share is P 15. How much is credited to the share premium account if 5 of the executives exercised their share options?
Create a cost of production report for the Filling Department for January. Discuss the uses of the cost of production report and the results of part (3).
Inventory Turnover and Days' Sales in Inventory. Calculate the company's inventory turnover and days' sales in inventory for both years.
What related to the firm's expansion of its operations involves large outflows of cash? Identify the two largest items including the dollar values.
a company and tell what type of inventory system they use and why you think this is a correct or an incorrect choice. For example, A supermarket uses a LIFO for its produce.
Ryan's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturing overhead cost ?$235,000 Actual manufacturing overhead cost ?$244,000 Estimated machine hours ?20,000 Actual machine hours ..
What amount should Cornwell show in the investment account at December 31,2010 if the beginning of the year balance in the account was $40,000?
Bros Inc sells a single product. their most recent income statement is given below: compute how many units must be sold to break even?
Which is not true about the times-interest-earned ratio? The greater the times interest earned the lower the risk of defaulting on the firm's debt.
question 1. on january 3 2011 open inc. acquired land from closed company in a noncash transaction. open inc. gave
If Department H had 526 units, 54% completed, in process at the beginning of the period, 6,379 units were completed during the period, and 575 units were 34% completed at the end of the period, what was the number of equivalent units of production fo..
Record the following journal entries in good form and without abbreviations. Do not provide explanations beneath your journal entries. Goods costing $150,000 to produce were sold on credit for $225,000. Only record the goods leaving the company. Assu..
It is being depreciated using the reducing balance method by 50% annually. What will be the carrying value (NBV) of the equipment on 31 December 2019?
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