<span>Overall trends in the market </span>
Answer:
Refinance and Consolidate
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The total compensation cost pertaining to the restricted shares equals to the amount of $48 million.
<h3>What are
compensation cost?</h3>
Also known as compensation expenses, include the recruiting costs, salaries, payroll taxes, benefits and bonuses. They form the significant part of a company's operating costs, which means that it affects corporate profitability.
According to the scenario, we will calculate the total compensation cost pertaining to the restricted shares by using following formula. Total Compensation Cost Pertaining to the Restricted Shares:
= Common Share × Market Price Per Share
= 8 million × $6
= $48 million
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Car salespersons are notorious for using the lowball technique, which involves changing terms after an agreement has been made.
