Employer's expense for stock options is typically recognized earlier for book than tax purposes.
Answer the following statement true (T) or false (F)
True
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All of the following statements are true about a 3-for-1 split, except:
a. Total contributed capital increases. b. The market price will probably decrease. c. Par value per share is reduced to one-third of what it was before the split. d. A stockholder with twenty shares before the split owns sixty shares after the split.
Northbrook Corporation is preparing a statement of cash flows. The following transactions occurred during the year: 1. Sold machinery for $9,000 cash. 2. Purchased a building for $80,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 4. Converted long-term bonds by issuing $100,000 worth of stock. 5. Declared and paid a $10,000 cash dividend. Transaction 3 would be found on the
statement of cash flows in the A) cash flows from operating activities section. B) cash flows from financing activities section. C) noncash investing and financing transactions section. D) cash flows from investing activities section.
The spot price of the market index is $900. After 3 months, the market index is priced at $920. An investor has a long call option on the index at a strike price of $930. After 3 months, what is the investor's profit or loss?
A) $10 loss B) $0 C) $10 gain D) $20 gain
Which of the following operates the largest private personal database in the world?
A) Experian B) Acxiom C) TransUnion Corporation D) Apple