A stock option is the right to purchase the stock of a corporate employer at a stated price for an indefinite period of time.
Answer the following statement true (T) or false (F)
False
The time period during which a stock option can be exercised is specified or limited.
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Which one of the following statements is true if a company's collection period for accounts receivable is unacceptably long?
a. The company may need to borrow to acquire operating cash. b. The company may offer trade discounts to lengthen the collection period. c. Cash flows from operations may be higher than expected for the company's sales. d. The company should expand operations with its excess cash.
Which of the following ratios usually reflects investor's opinions of the future prospects for the firm?
a. Earnings per share b. Dividend yield c. Price/earnings ratio d. Book value per share
______ is harassment that occurs when some type of benefit or punishment is made contingent upon the employee submitting to sexual advances.
A. Reasonable person B. Sexual harassment C. Hostile work environment D. Quid pro quo harassment
The quick ratio equals _____
a. (total assets)/(annual net sales) b. (total assets)/(total liabilities) c. (current assets)/(total current liabilities) d. (cash + accounts receivable)/(total current liabilities)