Exhibit 15-6 On January 1, 2016, 50 executives were given a performance-based share option plan that would award them with a maximum of 300 shares of $10 par common stock for $20 a share. On the grant date, the fair value of an option was $16.50. The number of options that will vest depends on the size of the annual average increase in sales over the next three years according to the following
table: Annual Average Increase in Sales No. of Shares Greater than 5% 50 Greater than 10% 150 Greater than 15% 300 On the grant date, the company estimates the annual average sales increase will be 14%. ? Refer to Exhibit 15-6. In 2017, the company determined that the actual annual average increase was 16%. The compensation expense for 2017 will be
A) $123,750
B) $247,500
C) $82,500
D) $55,000
A
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All of the following are characteristics of the Millennial generation EXCEPT______.
A. heavy use of technology B. low loyalty to the organization C. prefers consensual leadership D. satisfaction from receiving lots of recognition
Which of the following characteristics applies to process costing?
a. Differentiated products are provided on a special order basis. b. Cost are accumulated by department. c. Cost are accumulated by jobs. d. Direct labor workers must keep detailed records as to the jobs on which they worked.
Depending on the mixture of sources of capital, a company's cost of capital will vary
Indicate whether the statement is true or false
Robitussin redesigned its packaging to provide specific product use information to help buyers make a purchase decision and to inform them about proper product usage. The package lists four key pieces of information: the product's formulation, its possible side effects, the symptoms it treats, and the recommended age for usage. This is an example of meeting the ________ requirements of labeling.
A. legislative B. marketing C. legal D. industry E. consumer