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olchik [2.2K]
3 years ago
5

On January 1, 2021, Adams-Meneke Corporation granted 25 million incentive stock options to division managers, each permitting ho

lders to purchase one share of the company’s $1 par common shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, currently $10 per share. The fair value of the options, estimated by an appropriate option pricing model, is $3 per option. Management’s policy is to estimate forfeitures. No forfeitures are anticipated. Ignore taxes. Required: 1. Determine the total compensation cost pertaining to the options on January 1, 2021. 2. Prepare the appropriate journal entry to record compensation expense on December 31, 2021. 3. Unexpected turnover during 2022 caused an estimate of the forfeiture of 6% of the stock options. Prepare the appropriate journal entry(s) on December 31, 2022 and 2023 in response to the new estimate.

Business
1 answer:
Olegator [25]3 years ago
6 0

Answer:

Required Solution

Explanation:

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Consider and discuss whether there is a conflict of interest between the executive and an agency in North Carolina.
jekas [21]
RULE 1.7 CONFLICT OF INTEREST: CURRENT CLIENTS

(a) Except as provided in paragraph (b), a lawyer shall not represent a client if the representation involves a concurrent conflict of interest. A concurrent conflict of interest exists if:

(1) the representation of one client will be directly adverse to another client; or

(2) the representation of one or more clients may be materially limited by the lawyer's responsibilities to another client, a former client, or a third person, or by a personal interest of the lawyer.

(b) Notwithstanding the existence of a concurrent conflict of interest under paragraph (a), a lawyer may represent a client if:

(1) the lawyer reasonably believes that the lawyer will be able to provide competent and diligent representation to each affected client;

(2) the representation is not prohibited by law;

(3) the representation does not involve the assertion of a claim by one client against another client represented by the lawyer in the same litigation or other proceeding before a tribunal; and

(4) each affected client gives informed consent, confirmed in writing.

4 0
3 years ago
Patrick has a written independent contractor agreement with his broker Tami. Last year, about 25% of his income came from sales
melomori [17]

Answer:

The correct answer here is C) an employee .

Explanation:

Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.

7 0
3 years ago
Read 2 more answers
Terms and conditions that the organization states the employee is entitled to upon departure from the organization constitute?
nikklg [1K]

Terms and conditions that the organization states the employee is entitled to upon departure from the organization constitute pay rate.

For a contract to be legally enforceable, it must contain the following elements: agreement (including offer and acceptance), and capacity (or capacity of all parties involved). , mutual consent, consideration, legal purposes, and forms required by law.

All employers employing 100 or more workers are required to submit an Ingredient organization 1 data report to their EEOC annually. Federal contractors and Tier 1 subcontractors with 50 or more employees and $50,000 or more contracts are required to submit only Component 1 data in his report.

The basic elements necessary for a contract to be a legal contract are good care; capacity; and legality.

Learn more about the organization at

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8 0
1 year ago
Someone pleaseee help me fill this in :)
Leya [2.2K]
As the other person said fill in what
4 0
3 years ago
Explain how a person with two jobs fills out a W4 Form, describe the steps.
denpristay [2]

Answer:

your 2 jobs will print out a w4 forms and if all your info is correct it will be on the system due to your ssn the irs.gov has all the info if you need it  

Explanation:

4 0
3 years ago
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