Heidi Software Corporation provides a variety of share-based
compensation plans to its employees. Under its executive stock
option plan, the company granted options on January 1, 2021, that
permit executives to acquire 4 million of the company’s $1 par
common shares within the next five years, but not before
December 31, 2022 (vesting date). The exercise price is the
market price of the shares on the date of the grant, $14 per share.
The fair value of the 4 million options, estimated by an appropriate
pricing model is $3 per option. No forfeitures are anticipated.
Ignore taxes.
Part 1: Determine the total compensation cost pertaining to the
options.
# of options granted 4 million
Fair value of each option x $ 3
Total compensation $12 millionPart 2: Prepare the appropriate journal entry to record the award
of options on January 1, 2021.
No entry
Part 3: Prepare the appropriate journal entry to record
compensation expense on December 31, 2021.
Compensation expense ($12 million ÷ 2) 6
Paid in capital – stock options 6
Part 4: Prepare the appropriate journal entry to record
compensation expense on December 31, 2022.
Compensation expense ($12 million ÷ 2) 6
Paid in capital – stock options 6

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources. b. (ii) determine how much of each good gets produced. c. (iii) can be used to predict the impact on the economy of various events and policies. d. all of (i), (ii), and (iii) are correct.