Students who live on campus and purchase a meal plan are randomly assigned to one of three dining halls: the Commons, Northeast,
2 answers:
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Answer:
c. 120,000 shares
Explanation:
*Assumed purchase of treasury shares
$600,000
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Note: The proceeds also must be increased (or decreased) by any tax benefits that would be added to (or deducted from) paid-in capital when the eventual tax deduction differs from the amount expense, the "excess tax benefit." Since that occurs when the stock price at vesting differs from the stock price at the grant date, the fact that the market price remained at $10 avoided that issue.