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Question - On January 1, 2009 M company granted 90,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2011 and expire on January 1, 2015. Each option can be exercised to acquire one share of $1 par common stock for $12. An option-pricing model estimates the fair value for the options to be $5 on the date of grant. What amount should M recognize as compensation expense for 2009?
The income statement of Mid-South Logistics includes $12 million for vested past service cost. Does Mid-South Logistics prepare its financial statements according to U.S. GAAP or IFRS? Explain.
Discuss how this course will influence your current or future career choices. Which topics did you enjoy most and which did you find the most useful?
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On January 1, 2017, the stockholders' equity section of Newlin Corporation shows common stock, Journalize the treasury stock transactions
The amounts for property, plant, and equipment presented in the balance sheet were reported net of accumulated depreciation (cost less accumulated depreciation).
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