Exhibit 15-5 On January 1, 2016, Roberts Company adopts a compensatory share option plan and grants 40 executives 1,000 shares each at $30 a share. The fair value per option is $7 on the grant date. The company estimates that its annual employee turnover rate during the service period of three years will be 4%. ? Refer to Exhibit 15-5. The journal entry to record compensation expense for 2016
will be (Round your final answer to the nearest whole dollar.)
A) Compensation Expense 247,726Paid-in Capital Share Options 247,726
B) Compensation Expense 82,575Paid-in Capital Share Options 82,575
C) Compensation Expense 91,467Paid-in Capital Share Options 91,467
D) Compensation Expense 93,333Common Stock Option Plan 93,333
B
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a. sales journal. b. general journal. c. cash receipts journal. d. cash payments journal.
If an advertisement is placed in three different places in Glamour and then runs for five issues, the number of opportunities to see (OTS) would be:
A) 3 B) 5 C) 15 D) depends on the gross rating points for Glamour
______ certifies people as quality professionals.
a. ISO b. ASQ c. ANSI d. SAI
Cash equivalents are short -term investments that will be converted to cash within 120 days
Indicate whether the statement is true or false