The issue of shares by companies, even to employees, should not result in a charge against profits.
Question:
‘The issue of shares by companies, even to employees, should not result in a charge against profits. The contribution in terms of service that employees give to earn their rewards are contributions as owners and not as employees and when owners buy shares for cash there is no charge to profit.’ Discuss.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
There are a few different ways to interpret this statement One interpretation is that the author is ...View the full answer
Answered By
Lyka Abierra
I am a Banking and Finance graduate.I did my attachment at my county government department of administration, Finance office, therefore I'm skilled in the finance field. I am very hardworking, punctual and keen on details.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting And Reporting
ISBN: 9781292255996
19th Edition
Authors: Barry Elliott, Jamie Elliott
Question Posted:
Students also viewed these Business questions
-
Which of the following does not result in a minimum $50 fine for an income tax preparer? a. Failure to provide a tax preparer identification number. b. Cashing a refund check for a customer. c....
-
Which of the following could NOT result in a Change in Supply for cell phones? 1) An improvement in the technology used to produce cell phones. 2) A decrease in the price of plastic (an input used in...
-
Which of the following could NOT result in a Change in Supply for cell phones? 1) An improvement in the technology used to produce cell phones. 2) A decrease in the price of plastic (an input used in...
-
Name the types of consumer decision-making processes. List some products you have bought using each type. Have you ever bought a product on impulse? If so, describe the circumstances.
-
Suppose Xk is a sequence of zero- mean Gaussian random variables with co-variances described by Cov (Xk, Xm) =Ï |k m| for some |Ï| In this case we are forming the sequence of sample means...
-
2. f(x)=- 2 3 x x Parent Function: x linear D: IR ; R: IR Number of roots: End Behavior. As xo, f(x) = As xoo, f(x) Increasing Interval: Decreasing Interval:
-
We hope that you are part of a study group or, if that is not possible, that you have a telephone, e-mail, instant messaging, or webcam study buddy (or even more than one). And, of course, plenty of...
-
Carnival Confections, Inc. produces two popular southern food items, pork rinds and fried peanuts, which it sells at a local recreation area on weekends. The owners of the business have estimated...
-
Vernon Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentage of sales. (Percentages...
-
In 2022, Sheryl is claimed as a dependent on her parents tax return. Her parents report taxable income of $550,000 (married filing jointly). Sheryl did not provide more than half her own support....
-
Briefly summarise the required accounting if a company gives its staff a cash bonus directly linked to the share price.
-
What distinguishes a termination benefit from the other benefits considered in IAS 19 (2011)?
-
You know how to write the equation of a continuous function that passes through the discrete points of a sequence, (n, un). For example, the function y = 200(0.8)x - 1 passes through the sequence of...
-
Shoppers who buy brand-name products usually cite quality as a reason, while shoppers who buy store-brand products usually cite price. Retailer Target believes it is possible to have the best of...
-
In 16 experiments studying the electrical behavior of single cells, 12 use micro-electrodes made of metal and the other 4 use micro-electrodes made from glass tubing. If 2 of the experiments are to...
-
S.C. Johnson & Son, makers of Windex and Pledge, is a family-owned business currently in its fifth generation of leadership. An often overlooked form of business ownership, family-owned businesses...
-
Suppose that the probabilities are \(0.2466,0.3452\), \(0.2417,0.1128,0.0395,0.0111,0.0026\), and 0.0005 that there will be \(0,1,2,3,4,5,6\), or 7 polluting spills in the Great Lakes on any one day....
-
The number of weekly breakdowns of a computer is a random variable having a Poisson distribution with \(\lambda=0.2\). What is the probability that the computer will operate without a breakdown for 3...
-
For any f, g X Kernel f = kernel g f =
-
Is the modified 5-question approach to ethical decision making superior to the modified moral standards or modified Past in approach?
-
Tippett Company acquired new machine tools for ten million CU. Their aggregate predicted useful lives is four years and their predicted aggregate residual value is one million CU. Depreciation...
-
Britten Inc. is a large European civil engineering and construction enterprise. They have just finished building, for their own use, a large hangar, which will serve as both a warehouse for their...
-
Merck KGaA is a Germany-based company, operating in the pharmaceutical and chemical business sectors. We provide an excerpt from the consolidated balance sheet. Consolidated balance sheet (excerpt)...
-
The wheels of a skateboard roll without slipping as it accelerates at 0.45 m/s down an 80-m-long hill. Part A If the skateboarder travels at 1.5 m/s at the top of the hill, what is the average...
-
A 2.30 g air-inflated balloon is given an excess negative charge, q = -3.50 10-8 C, by rubbing it with a blanket. It is found that a charged rod can be held above the balloon at a distance of d =...
-
A positive charge q = 2.60 C on a frictionless horizontal surface is attached to a spring of force constant k as in the figure shown below. When a charge of 42 = -8.350 C is placed 9.50 cm away from...
Study smarter with the SolutionInn App