D. Ronald would be committing stock fraud if he exercises the options.
Explanation:
The first three options are valid reasons to turn down the offer of stocks in place of salary.
A. Stocks with high returns have high volatility, and Ronald's company may not grow further.
B. Ronald may be taxed more for capital gains than he would be for employment income.
C. Stock options are illiquid, and Ronald may not be able to use them to pay for unexpected bills.
Option D is NOT a valid reason to turn down the stock offer. So, the answer is:
D. Ronald would be committing stock fraud if he exercises the options.
Answer:
Objectively assess a company's IT and/or business processes.
Assess the company's risks and the efficacy of its risk management efforts.
Ensure that the organization is complying with relevant laws and statutes.
Evaluate internal control and make recommendations on how to improve.
Answer:
C. It states what your paper will prove
Explanation:
Sorry if it wrong
Answer:
The journal entry to record the lease would be:
Debit Credit
Asset $3,000,000
Lease Payable $3,000,000
Debit Credit
Lease Payable $195,774
Cash $195,774
Explanation:
To prepare the journal entry to record the lease we would have to calculate the present value of lease payments as follows:
present value of lease payments=$195,774*15.32380=$3,000.000
Therefore, the journal entry to record the lease would be:
Debit Credit
Asset $3,000,000
Lease Payable $3,000,000
Debit Credit
Lease Payable $195,774
Cash $195,774
