On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 32 million stock options were granted, exercisable for 32 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 80% of the quoted market price on January 1, 2021, which was $30. The fair value of the 32 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.6 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $25 per share.Required:1. When is Ensor’s stock option measurement date?2. Determine the compensation expense for the stock option plan in 2021. (Ignore taxes.)3. Prepare the journal entries to reflect the effect of forfeiture of the stock options on Ensor’s financial statements for 2022 and 2023.5. Prepare the journal entry to account for the exercise of the options in 2025.
Answers
Answer:
1. The Ensor's stock measurement date is January 01, 2021
2. Compensation expense for the stock option is $50 million
3. Please see journal entry in the explanation below.
Explanation:
1. It was clearly indicated in the question that on January 1, 2021 , 32 million stock options were granted hence measurement date is ; 1st of January, 2021
2. The fair value per stock option is $6
Therefore, total compensation expenses = $6 × 25 million
= $150 million
Since the options are exerciseable between 01/01/2024 and 01/01/2026
The period for vesting will be 3 years from 01/01/2021 - 31/12/2023
Therefore, the compensation expense for the stock option in year 2021 = Total compensation expense/ Vesting period
= $150 million /3
= $50 million
3. Since 2.6 million(10%) were forfeited, 90% represent the remaining unforfeited. I. e (100%-10%)=90%
In 2022, which is the second year of the vesting period, compensation expense would be;
Compensation expense of 2022 = (Total compensation expense * 90% * the order of the period / Number of period - Compensation expense of
2021
= $150 million *90% *2/3 - $50 million
=$40 million.
In 2023,
Dr Cr
Compensation expense. $40 million
Paid in capital stock options. $40 million
Related Questions
I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
Answers
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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QUESTION 19
Duplication of data and lack of communication in an organization are usually the result of:
O a. Process complexity
Ob. Product complexity
O c. Network complexity
O d. Customer complexity
Oe. Range complexity
Answers
Duplication of data and lack of communication in an organization are usually the result of network complexity. The Option C is correct.
What does the term Network complexity means?The number of nodes and alternative paths in a computer network, as well as the variety of communication media, communications equipment, protocols, and hardware and software platforms found in the network, all contribute to network complexity.
A simple network is a small LAN with no alternative paths, a single communication protocol, and identical hardware and software platforms across nodes.
A complex network is defined as an enterprise-wide network that uses multiple communication media and communication protocols to connect geographically dispersed networks with disparate hardware and software platforms.
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Q2. The office manager of ABC company has the authority to the whole financial operations. He authorizes activities, controls the company’s expenses, records the company’s transactions, and rarely takes vacation.
The owners of the company are happy with his work since the company is making a profit. You are giving the opportunity to educate the owners about the risk of not implementing internal control. What would be your advice?
Answers
My advice to the owners of ABC Company concerning internal controls affecting the office manager would be as follows:
It is time to promote the office manager. His promotion would relieve him of the responsibilities he handles presently. Promoting him would also enable management to segregate his duties.
Secondly, after implementing the promotion and segregation of duties, management should implement a compulsory annual leave policy. Having a company-wide leave policy bolsters internal controls by preventing and discovering suspicious fraudulent activities.
Thus, if the owners of ABC Company would buy these pieces of advice, they would improve internal controls without offending the hardworking former office manager.
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Compare and contrast the following forms of business organization: sole proprietorship,general partnership,limited liability company,and corporation as to ease of formation,liability of owners,management,and tax implications.
Answers
Answer:
Find the explanation below.
Explanation:
1. Sole Proprietorship is owned by a single person or a married couple.
a. Ease of formation: This business is very easy to form because owners are not required to have legal documentation for the business to begin operation.
b. Liability of Owners: Owners are personally liable for the success or failure of the business. This means that they bear the cost of whatever debt or losses that are incurred in the business and can be sued for it.
c. Management: The owner makes all the management decisions that could affect the business. He sets the time when his business can be run as well as the prices for his products.
d. Tax Implications: They fill out Schedule C where they calculate the profit and loss from their business. They declare their income in Standard Form 1040 and they are subject to Self-employment tax.
2. General Partnership is a business agreement between to or more owners.
a. Ease of Formation: It is quite easy to start this business because little or no legal documentation is required to kick-start the business.
b. Liability: All partners are liable for debts and losses incurred in the business.
c. Management Decisions: The management decisions are made by the general partners. This affords them a measure of flexibility.
d. Tax implications: Income tax is not paid rather, a separate tax return form is filed.
3. Limited Liability Company: These business entities are run by two or more business partners.
a. Ease of Formation: It is relatively easy to form because it is governed by state rules and regulations which must be adhered to by the business owners.
b. Liability: There is a limited liability as just the business assets can be withheld when there is a legal battle. Personal assets of partners can not be withheld.
c. Management Decisions: There could be a member-managed LLC where members make decisions in the business or a manager-managed LLC one or two non-members are employed to manage the business and make business decisions therein.
d. Taxation: Taxation is done once and profits realized are passed through to the personal income taxes of the members.
4. Corporations are set up by a group of businesspeople.
a. Ease of Formation: They are not easy to form as proper documentation which is governed by state laws must be adhered to.
b. Liability: There is a limited liability as shareholders are not held accountable for the debts and losses of the corporation.
c. Management: There are directors of the corporation who are elected by the shareholders, They make decisions for the corporation. Business officers are also appointed.
d. Tax Implications: There are lots of taxation requirements for which the corporation might seek advice from a taxation advisor to prevent double taxation.
The heat from warm river waters draining into the Arctic Ocean is contributing to the melting of Arctic sea ice each summer, a new NASA study finds. the summer of 2012. They observed a sudden influx of warm river waters into the sea that rapidly warmed the surface layers of the ocean, enhancing the melting of sea ice. A paper describing the study is now published online in the journal Geophysical Research Letters.
—"Warm Rivers Play Role in Arctic Sea Ice Melt,"
NASA
Which details should be included in a summary about the passage?
A research team led by Son Nghiem of NASA's Jet Propulsion Laboratory in Pasadena, Calif., used satellite data to measure the surface temperature of the waters discharging from a Canadian river into the icy Beaufort Sea during
Check all that apply. Warm water is melting the Arctic Sea ice. The research team is led by Son Nghiem. The sudden flow of warm waters into the sea are rapidly warming the ocean's surface. A paper describing the study can be found online. The journal is called Geophysical Research Letters.
Answers
Answer:
a and c
Explanation:
10 roles of insurance in a business
Answers
Considering the benefits and importance of insurance, the ten roles of insurance in a business include "security and safety."
The other roles of insurance in a business are:Mitigation of riskProvision of insurance service by the insurance company Protection from unexpected lossesEase of getting loansProvision of social cooperationIt enhances saving habitsIt aids some contracts that require it.There are tax benefits.Promotion of trades and industry, etc.Hence, in this case, it is concluded that insurance plays various roles in business.
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One student made the incomplete diagram shown below to represent the relationship between magma, igneous rocks, and metamorphic rocks: three ovals, labeled from left to right, metamorphic rock, magma, and igneous rocks respectively. Which of these is the correct next step to complete the diagram? Put an arrow labeled cools and crystallizes, pointing from igneous rocks to metamorphic rocks. Put an arrow labeled cools and crystallizes, pointing from metamorphic rocks to igneous rocks. Put an arrow labeled heat and pressure, pointing from igneous rocks to metamorphic rocks. Put an arrow labeled heat and pressure, pointing from metamorphic rocks to igneous rocks
Answers
Answer:
a
Explanation:
Answer:
C
Explanation:
I took the test.
A can't be because that would be Magma to Igneous rocks
B either because metaphoric rocks are getting with a high temperature and, as B says "cooling" well, that can't be the option.
D cannot be because that should be in reverse due preassure gets things with a high temperature and... well, xd.
So answer is C
give me brainliest pls :3
which of the following is a benefit of using a budget
Answers
Budgeting helps you track what you spend and helps you save money. When you are on a budget, you make better financial decisions and spend smarter.
If you need anything else. Let me know!
Hope this helped.
If firms in the market are producing output but are currently making economic losses, illustrates the present situation for the typical firm in the market, and indicates the corresponding supply curve.
Answers
When companies in a market are now losing money, it means that the cost of producing the output exceeds the revenue it generates from sales. In this situation, output should be decreased or losses should be minimized. In this scenario, the supply curve for the market will be upward sloping, showing that to produce and supply more of the commodity as its price rises.
In this case, sunk costs, or expenditure that have already been paid for but cannot be recovered, can also have an effect on the supply curve. If a company has already invested in fixed costs required to make the good, rather than exiting the market and losing the value of those sunk expenditures, it may be more probable that it will manufacture at a loss in the near future. Businesses may be more willing to supply greater at any given price as a result of having buried expenses, flattening the supply curve.
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What does it mean to trust intent to avoid conflict
Answers
Answer:
If you don't trust the other party, you can't resolve conflict with them. You may even come to an agreement but without trust, you won't stick to it. ... In negotiations, parties who trust each other are more likely to cooperate and reveal information that may risk vulnerability.
Which 3 of these can you do when you select the Pencil icon on the bank account tile in the Banking center?
Answers
The three (3) activities that can be done when one select the Pencil icon on the bank account tile in the Banking center are the following:
reorder the accountsDrag and drop the bank/credit card accounts to the right place, and then hit Save.What is the Pencil icon on the bank account tile in the Banking center?The pencil icon is a digital tool for editing. Perhaps, one may wish to have a different name or perceived a different name to be better fitting or need to correct a wrong name, one can easily rename or correct it by clicking the pencil icon to the right of the title and enter a new name.
Therefore, the correct answer is as given above.
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The complete question goes thus:
Which 3 of these can you do when you select the Pencil icon on the bank account tile in the Banking center?
reorder the accounts
Drag and drop the bank/credit card accounts to the right place, and
Save
setting
The sale of bonds above face value:_________
a. is a rare occurrence.
b. will cause the total cost of borrowing to be less than the bond interest paid.
c. will cause the total cost of borrowing to be more than the bond interest paid.
d. will have no net effect on Interest Expense by the time the bonds mature.
Answers
Answer: B. will cause the total cost of borrowing to be less than the bond interest paid
Explanation:
It should be noted that when a bond is sold above the face value, this will result into the total cost of borrowings to be less than the bond Interest that was paid.
The reason for the above is due to the fact that the borrower will not be required to repay the bond premium when the bond matures at its maturity date.
Therefore, the correct option is B.
can a 70-year-old father be claimed as a dependent by his son on his taxes.
.
Answers
No, a 70-year-old father cannot be claimed as a dependent by his son on his taxes. To be eligible to be claimed as a dependent on someone else's taxes, the person must be a qualifying child or a qualifying relative. The person must meet certain criteria, including:
Must be a U.S. citizen, U.S. resident alien, U.S. national, or a resident of Canada or Mexico.
Must not have provided more than half of their own support during the tax year.
Must not have earned more than the applicable dependency exemption amount, which for 2021 is $4,000.
Must not be claimed as a dependent by someone else.
A 70-year-old father is not considered a qualifying child and may or may not meet the criteria to be considered a qualifying relative, but since he is not a qualifying child, he cannot be claimed as a dependent by his son on his taxes.
How are SAE programs expanded and/or diversified?
Answers
Answer:
The SAE programs could be extended even diversified using the following techniques.
Explanation:
Increased self-employment has led to something like the SAE programs. Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively. By introducing or growing new goods as well as companies. This would be referred to those as diversification. Whilst also connecting to the awareness acquired via the SAE programs.Anyone know the answer to this question
Answers
Answer:
b
Explanation:
fixed and variable cost
f structural unemployment is 2%, frictional unemployment is 3%, and cyclical unemployment is 4%, the actual unemployment rate is _____%. Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices 3 4 5 9
Answers
If structural unemployment is 2%, frictional unemployment is 3%, and cyclical unemployment is 4%, the actual unemployment rate is 3%. Hence, option A is correct.
What is structural unemployment?Examples of structural unemployment include labor markets in manufacturing and the fruit-picking industry. The economy becoming inefficient is one of structural unemployment's key drawbacks.
A type of unemployment known as structural unemployment can endure for a long time and be brought on by demographic or technological developments. Economic downturns or modifications in business conditions that have an impact on the need for labor are the main causes of cyclical unemployment.
Thus, option A is correct.
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Which of the following is an example of a middle manager?
Teller at a bank
O Director of marketing
O Chief executive officer
O Salesperson in a retail store
Answers
Answer:
Director of marketing
Explanation:
I just got it right in a test
The Director of marketing is an example of a middle manager. Thus, option B is correct.
Who is a manager?A manager is a person who maintains the flow of the business, he is responsible for the smooth running of the business and coordinating between various departments. A manager tends to be the person who is delegating and is responsible for coordinating.
According to the hierarchical positions of the company, there are various positions that need to be filled like workers, staff, managers, executive managers, head of an office, CEO, etc.
From the given options, the middle manager will be the director of marketing the teller of the bank comes at a lower level, the chief executive officer will be at the top most level, and a salesperson will be at the lower middle level. Therefore, option B is the correct option.
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5. The process of production is complete
when...
A.goods of the right quality and
quantity reach the consumers.
B.the manufacturer produces a given
amount of goods.
C. retailers prepare goods for sale to consumers.
D. wholesalers buy goods from the
manufacturer.
Answers
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
What is the production process?Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
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Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the night shift than on the day shift. The mean number of units produced by a sample of 86 day-shift workers was 361. The mean number of units produced by a sample of 92 night-shift workers was 367. Assume the population standard deviation of the number of units produced is 37 on the day shift and 44 on the night shift.
Using the 0.05 significance level, is the number of units produced on the night shift larger?
a. State the null and alternate hypotheses.
multiple choice 1
H0: μDay ≥ μNight; H1: μDay < μNight
H0: μDay ≥ μNight; H1: μDay > μNight
H0: μDay ≥ μNight; H1: μDay = μNight
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
c. Compute the p-value. (Round your answer to 4 decimal places.)
d. What is your decision regarding the null hypothesis?
multiple choice 2
Reject H0
Do not reject H0
e. Using the 0.05 significance level, is the number of units produced on the night shift larger?
multiple choice 3
Yes
No
Answers
1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight
2. the test statistic is -0.99
3. P value is 0.161821.
4. The decision is to reject the null
5. no it is not larger
How to solve for the hypothesisThe null hypothesis is μDay ≥ μNight
The alternative hypothesis is H1: μDay = μNight
How to solve for the test statisticwe have the folloswing details with which we are to solve the questions that we have here
n1 = 86, bar x1 = 361, sd1 = 37
n2 = 92, x bar2 = 367, sd2 = 44
We have to solve for the standard error
\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)
= √15.92 + 21.04
= √36.96
= 6.079
test statistic z = xbar1 - xbar2 / standard error
= 361 - 367 / 6.079
= -0.9870
The critical value at 0.05 = 1.645
The critical value is greater than the test statistics
the decision would be to reject H0 if z < 1.645
-0.9870 < 1.645
we have to reject the null hypothesis
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Which of these best describes the relationship
between business equity and profit?
A. The proportion of the
equity one owns is more than the
proportion of the profits received.
B. The proportion of the equity one owns is less than the
proportion of the profits received.
C. The proportion of the equity one owns is the same proportion
of the profits received.
Answers
The nation of Singapore has no natural resources to speak of, must import its water, and is very small in land mass. However, it has a very high real per capita gross domestic product (GDP) and a literacy rate of over 95%. How can such a small country with no resources be so prosperous
Answers
Answer:
Singapore is rich in other resources, like human capital.
Explanation:
Since in the question it is mentioned that Singapore who has no natural resource but import its water and small portion of the land mass at the same time it has very high GDP and the literacy rate over and above 95%
So in this case, it is rich in the other resources example human capital as it is possible for a small country to make an optimum use of it also it has the nice geographical location.
Therefore the second option is correct
Which function of the S&P Capital IQ Excel plug-in allows users to extract company data directly from CapIQ’s database and calculate the desired financial metrics using the CapIQ formulas?
Answers
Answer:
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A template is a function of the S&P Capital IQ Excel plug-in that allow users to extract company data directly from CapIQ’s database and calculate.
What is the S&P Capital IQ Excel plug-in?The S&P Capital IQ Excel plug-in is a software program that is designed and developed to provide several comprehensive templates that can be customized for specific usage.
Basically, a template is a function of the S&P Capital IQ Excel plug-in which avails end users an ability to directly extract company data from CapIQ’s database, as well as to calculate the desired financial metrics while using the CapIQ formulas.
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review strategic plan of world bank and give concrete suggestion
Answers
Answer:
Explanation:
The World Bank Group (WBG) has developed a new
Strategy focusing on the ambitious goals of ending
extreme poverty and promoting shared prosperity. It is
committed to helping countries reach these goals in a
sustainable manner.
The new Strategy is the first encompassing all four
principal agencies working together as One World
Bank Group: the International Bank for Reconstruction
and Development (IBRD), the International Development
Association (IDA), the International Finance Corporation
(IFC), and the Multilateral Investment Guarantee
Agency (MIGA).
The Strategy lays out how the World Bank Group will
reposition itself, based on a value proposition to best
serve the development community in pursuit of the two
goals. The WBG will focus on customized development
solutions and align all its activities with the two goals;
work more in partnership with others, including the
private sector; and significantly increase collaboration
across its agencies.
Implementation of the Strategy will require organizational
change and a new framework for medium-term financial
sustainability to ensure that the World Bank Group’s
resources are commensurate with its responsibilities on
behalf of the international community. Once translated
into action, the Strategy will reinforce the WBG’s role as
the world’s unique global development institution that
helps affect transformational change for the nearly
4 billion people still living in or close to the edge of
extreme poverty.
Zephyr Corp. manufactures air purifiers. It comes up with an idea for a new range of air purifiers called alpha purifiers. Before launching the range of purifiers, Zephyr lets some people try out the product and then collects feedback from them to identify any problems with it. Which of the following is best exemplified in this scenario?
A) Curbstoning
B) Concept testing
C) Perceptual mapping
D) Behavioral targeting
E) Branded "black-box" methodology
Answers
The concept that is best exemplified by the scenario on Zephyr Corp. is B) Concept testing.
What is Concept testing ?Concept testing is a market research method used to gather feedback from potential customers on a new product idea or concept. In this case, Zephyr Corp. is letting some people try out the new range of air purifiers before launching it to identify any problems with it.
This feedback will help Zephyr to determine if there is a need for this product, whether it meets the needs of potential customers, and what changes or improvements can be made to the product before it is launched.
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Consider a firm redesigning its logistics network. What are the advantages of having a small number of centrally located warehouses? What are the advantages of having a larger number of warehouses closer to the end customers?
Answers
Small centrally located warehouses offer cost efficiency and simplified inventory management, while larger warehouses closer to customers provide faster delivery, better customer service, and cost savings in shipping.
Having a small number of centrally located warehouses offers several advantages in a firm's logistics network:
Cost Efficiency: Centralized warehouses can lead to cost savings in terms of inventory management, transportation, and operational overheads. With fewer warehouses, the firm can benefit from economies of scale in procurement, storage, and distribution.
Simplified Inventory Management: Managing inventory becomes more streamlined when there are fewer warehouses. It allows for better control and visibility over stock levels, reducing the risk of stockouts or overstocking.
Faster Transit Times: With centrally located warehouses, products can be shipped more quickly to various regions since they are closer to major transportation hubs. This reduces lead times and improves overall customer satisfaction.
Improved Coordination: Centralized warehouses facilitate better coordination and synchronization of supply chain activities. It becomes easier to manage inbound and outbound logistics, optimize transportation routes, and consolidate shipments.
On the other hand, having a larger number of warehouses closer to end customers provides the following advantages:
Faster Delivery: Proximity to end customers enables faster order fulfillment and delivery. Products can reach customers more quickly, reducing transit times and improving responsiveness.
Enhanced Customer Service: Local warehouses allow for better customization and personalization of service. They can cater to specific regional preferences, offer faster response times to customer queries, and handle returns or exchanges more efficiently.
Lower Shipping Costs: By locating warehouses closer to customers, transportation costs can be reduced as products travel shorter distances. This can lead to cost savings in shipping expenses.
Flexibility and Redundancy: Having multiple warehouses distributed geographically provides redundancy and flexibility in the supply chain. It mitigates the risk of disruptions, such as natural disasters or transportation issues, as the firm can rely on alternative warehouse locations.
In summary, a small number of centrally located warehouses offer cost efficiency and streamlined inventory management, while a larger number of warehouses closer to end customers provide faster delivery, improved customer service, lower shipping costs, and increased flexibility.
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I have $10,967.74 in a brokerage account, and plan to deposit an additional $6,000.00 at the end of every future year until my account totals $270,000 and I expect to earn 13% annually on the account. How many years will it take
Answers
Note that with respect to the deposite, it will take approximately 8.19 years for the account to reach $270,000.
How is this so?To determine how many years it will take for the account to reach $270,000,we can use the future value of an annuity formula.
The formula is -
FV = P x [(1 + r)ⁿ⁻¹] / r
Where -
FV = Future value ($270,000)
P = Annual deposit ($6,000)
r = Interest rate per period (13% or 0.13)
n = Number of periods (number of years)
We need to solve for n, so we can rearrange the formula as -
n = log((FV x r / P) + 1) / log(1 + r)
Plugging in the values -
n = log((270000 x 0.13 / 6000) + 1) / log(1 + 0.13)
Using a calculator, we find that n is approximately 8.19.
thus, it is corect to state that, it will take approximately 8.19 years for the account to reach $270,000.
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Alibaba has a labyrinth-like internal structure that is complex when compared to most business models. The structure allows the company to grow rapidly integrating product offerings while preserving management flexibility. This structure is designed to counter multiple choice 4 both domestic competition and international competition. domestic competition. international competition. None of the answers are correct.
Answers
Answer:
The correct answer would be "Both domestic competition and international competition." Alibaba's labyrinth-like internal structure is indeed complex and allows the company to rapidly integrate product offerings while preserving management flexibility. This structure is designed to counter competition, both from domestic companies within China and international companies outside of China. By having a complex and adaptable internal structure, Alibaba can navigate the competitive landscape more effectively and seize opportunities in various markets.
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Assembly line in a car assembly plant is scheduled to be available for 10.5 hours of production each day. The actual operating time each day has been found to be on average 8 hours after taking into consideration unplanned downtime incidents. Each day an average of 500 cars is produced by the assembly line, but due to the process capability of the equipment (on the assembly line) an average of 100 cars are found to be defective each day. The assembly line was designed to produce at a rate of 75 cars per hour when operational.
Determine the following:
a. Availability Performance
b. Quality Overall Equipment
c. Effectiveness
Answers
National Debt timeline: record the total national debt for the United States, the public figure in office at the time, and any significant events that may have affected the national debt during the years prior to the date listed. (1791-2015)
Answers
The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.
What is What is the process of calculating life value?
The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax.
The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.
Therefore, The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.
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You have received two bids from outside companies to conduct guest satisfaction surveys for you. You want at least 320 responses. Company A charges $3,200 + $6 per respondent. Company B charges $4,000 + $3 per respondent. Which company will cost you less?
a) Company A
b) Company B
Answers
From the two bids received from outside companies to conduct guest satisfaction surveys, the company that would cost me less will be Company B which charges $4,000 + $3 per respondent.
What is a bid?A bid is the price offer that a corporation or individual is willing to pay in the context of auctions, stock exchanges, or real estate. Bidding is an individual or business's offer to set a price for a product or service, or a demand that something is done. Bidding is a method of determining the price or worth of something.
Bidding can be done by a person who is influenced by a product or service in a given setting. It is used by numerous economic niches to determine demand and thus the worth of a commodity or property. In today's modern technology environment, the Internet is a preferred platform for giving bidding services.
Therefore, from the bids received it can be concluded that Company B would cost less.
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