As part of its executive compensation plan, vertovec inc. granted 90,000 of its no par common shares to executives, subject to forfeiture if employment is terminated within three years. vertovec’s common shares have a market price of $9 per share on january 1, 2017, the grant date of the restricted stock award, as well as on december 31, 2018. 480,000 shares were outstanding at january 1, 2018. net income for 2018 was $240,000. required: compute vertovec’s basic and diluted earnings per share for the year ended december 31, 2018.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

What is the sequence of events that could lead to trade surplus