Forfeiture if employment is terminated
On January 1, 2013, VKI Corporation awarded 12 million of its $1 par common shares to key personnel, subject to forfeiture if employment is terminated within three years. On the grant date, the shares have a market price of $2.50 per share.
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Quantity demanded, S Q = quantity supplied, P = price; and a, b and c are constants. Solve for the equilibrium price and quantity in the car market as functions of a, b and c.
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Last month, Your Corp. had actual indirect materials cost ( a variable cost ) of $45,240 and a spending variance of $3480 favorable. During that month the company worked 17,400 machine hours. Budgeted activity for the moth had been 17,000 machine
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A Company is preparing a cash budget for June. The company has $67,000 cash at the beginning of June and anticipates $82,330 in cash receipts and $93,520 in cash disbursements during June.
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$12 per direct labor hour. Beginning inventories were $15,000 in raw materials, $260,000 in work-in-process, and $150,000 in finished goods.
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