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Margaret [11]
3 years ago
13

Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On J

anuary 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.
Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include: __________
Business
1 answer:
jasenka [17]3 years ago
5 0

Answer:

Wilson Inc. developed a business strategy that uses stock options as a major compensation incentive for its top executives. On January 1, 2021, 20 million options were granted, each giving the executive owning them the right to acquire five $1 par common shares. The exercise price is the market price on the grant date—$10 per share. Options vest on January 1, 2025. They cannot be exercised before that date and will expire on December 31, 2027. The fair value of the 20 million options, estimated by an appropriate option pricing model, is $40 per option. Ignore income tax.

Assume that all compensation expense from the stock options granted by Wilson already has been recorded. Further assume that 200,000 options expire in 2014 without being exercised. The journal entry to record this would include

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Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the heal
MA_775_DIABLO [31]

Answer:

b. Battery

Explanation:

Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the health risks. The retired workers did not learn of the prolonged exposure until long after their retirement because the company engaged in a systematic cover up of the exposure. The retired workers' cause of action is for battery.

In Business law, battery can be defined as the act of intentionally causing physical harm to an individual or group of people through physical contacts.

Hence, in this case the employers knowingly or intentionally exposed the retired workers to asbestos without warning them of the health risks associated.

<em>Simply stated, a battery in criminal law is completed assault. </em>

8 0
3 years ago
A very safe stock investment that generally attracts conservative investors is called a ________ stock. the dow 30 is made up of
Vladimir [108]

A very safe stock investment that generally attracts conservative investors is called a <u>blue chip</u> stock. the dow 30 is made up of such stocks.

The Dow Jones Industrial Average measures the average cost of 30 selected industrial stocks. This is important because the financial industry uses it to show the direction of the stock market over time.

The Dow Jones Industrial Average includes prices for only 30 companies and is a simple average. - The S&P 500 Stock Index is broader (500 shares) and represents a value-weighted average that gives more weight to the stocks with the largest market capitalization.

The Dow Jones Industrial Average is an index of 30 "blue chip" US industrial companies. The index includes a wide range of companies, from financial services companies to computer companies to retailers, but excludes transportation and utility companies included in another index.

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3 0
1 year ago
In determining contract formation, what is the overriding focus of the uniform commercial code (ucc)?
postnew [5]

Answer:

The intent of the parties is to be bound by the contract.

<h3>What is the UCC battle of the forms rule?</h3>
  • Typically these so-called battles of the forms occur when a buyer and seller of goods exchange pre-printed order forms with their own different terms on the back and then proceed with the transaction without ever signing any final contract or reaching an agreement on the terms of the deal.

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7 0
1 year ago
Hall, a divorced person and custodian of her 12-year-old child, filed her 2021 federal income tax return as head of a household.
Alekssandra [29.7K]

The $2000  contribution to an IRA should be treated as an An adjustment to income in arriving at adjusted gross income.

<h3>The reason Hall has to go with this option</h3>

The individuals that are not in a retirement plan of a company have the option of deducting their cash contributions to their own retirement accounts.

They are able to do this given that the money is 6000 dollars or a hundred percent of their gross income.

Taxes are not paid on interest in this type of account till the earnings from the retirement plan is distributed.

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8 0
2 years ago
he income statement columns in the end-of-period spreadsheet show that debits are equal to $26,754 and credits are $68,142. what
neonofarm [45]

The information that the statement columns in the end-of-period spreadsheet mean to the accountant is the accounts have not been updated and a net income of $41,388. The correct option is b and c.

<h3>Who is an accountant?</h3>

An accountant is a person who manages and calculates the accounts or finance of a company, a firm, or a person. He calculates the capital of the person, manage taxes and give advice about the finance of the person.

Given that, debits are $26,754 and credits are $68,142. If we subtract the debit from the credit. We see a net income of $41,388.

Thus, the correct option is b. the accounts have not been updated. c, net income of $41,388.

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4 0
2 years ago
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