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leva [86]
3 years ago
6

Marvin, the vice president of Lavender, Inc., exercises a stock option to purchase 100 shares of stock in March 2020. The stock

options are incentive stock options (ISOs). Their exercise price is $20 and the fair market value on the date of exercise is $28. The options were granted in March 2016 and all restrictions on the free transferability had lapsed by the exercise date.
a. If Marvin sells the stock in December 2020 for $3,000, his AMT adjustment in 2020 is a positive adjustment of $800.
b. If Marvin sells the stock in December 2020 for $3,000, his AMT adjustment in 2020 is $0.
c. If Marvin sells the stock in December 2020 for $3,000, his AMT adjustment in 2020 is a negative adjustment of $800.
d. If Marvin sells the stock in December 2021 for $3,000, his AMT adjustment in 2021 is a negative adjustment of $1,000.
Business
1 answer:
Naily [24]3 years ago
7 0

Answer:

None of the answer is correct.

Explanation:

When Marvin purchase stock in March 2020 at a price of $28. The exercise price for the stock is $20. When Marvin will sell the stock at the exercise price he will gain on the sale of the stock. AMT is the difference or spread between the stock exercise price and its underlying fair market value.

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Alexus [3.1K]

Answer:

Recruiter is the correct answer.

Explanation:

Recruiter's job is to works with managers to find the qualified candidates that fill the vacant post as per requirement.

Recruiter HR professional responsibilities are to use a different method that includes updatings the ads for jobs, selecting the required candidates, to conduct the background investigation to find for fitted job candidates.

5 0
3 years ago
Running a company and protecting the interests of owners and other stakeholders is known as _____.
alexandr1967 [171]

Running a company and protecting the interests of owners and other stakeholders is known as <u>Corporate Governance</u>.

<h3>What is a Corporate Governance?</h3>

Basically, the corporate governance refers to the system by which companies are directed and controlled.

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Therefore, the running of a company and protecting the interests of owners and other stakeholders is known as corporate Governance.

Read more Corporate Governance

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3 0
1 year ago
Fuchsia provided services to​ 1,600 clients in the month of March and generated​ $23,500 as revenue. How much is the cost per​ s
pshichka [43]

Answer:

$10.72

Explanation:

Calculation for How much is the cost per​ service

First step is to calculate the Total costs

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Total costs $17,150

Now let calculate the Cost per service using this formula

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Let plug in the formula

Cost per service = $17,150 / 1,600

Cost per service = $10.72

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3 0
3 years ago
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Komok [63]

Answer:

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3 years ago
Q-mart failed to include inventory that was kept in a separate warehouse in its 12/31 end-of-the-period inventory count. Consequ
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Total assets and Total equity will be this year's understated.

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3 years ago
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