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Walmart offers its employees a variety of share based compensation plans including stock options, performance share awards, and restricted stock. The following is an excerpt from a disclosure note from Walmart's 2011 financial statements:
Required:1. Walmart's share based compensation includes stock options, stock appreciation rights, restricted stock awards, and performance based awards. What is the general financial reporting objective when recording compensation expense for these forms of compensation?2. Walmart reported share based expense of $371 million in 2011. Without referring to specific numbers and ignoring other forms of share based compensation, describe how this amount reflects the value of stockoptions.
Watson Company produces and sells a single product called Gizmo.
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Which of the following is a distinguishing feature of a common law legal system?
The appropriation Other program costs covers vacation pay pension and retiree health care benefits and all other program expenditures The city uses the purchases method to record the acquisition of supplies. The year end supplies inventory is consi..
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Scobie Corporation's fixed monthly expenses are $16,000 and its contribution margin ratio is 57%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $69..
the salmon bay corporation currently uses a manufacturing facility costing 200000 per year 80 of the facilitys capacity
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