What is an ISO and how does it affect employee pay?
What will be an ideal response?
An ISO (Incentive Stock Option) is a form of compensation that is generally only offered to top-tier employees. In an ISO, the employee receives shares of stock as part of the compensation package. The shares of stock usually have a specified period during which they cannot exchange shares of stock for cash. Recipients of ISOs may also receive preferential tax treatment.
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A ________ error occurs when the company dismisses a good idea
A) probability B) performance C) double counting D) DROP E) GO
Financial budgets include
a. pro forma statements, a sales budget, and a cost of goods manufactured budget. b. a budgeted income statement and budgeted balance sheet only. c. a budgeted income statement, budgeted balance sheet, and cash budget. d. pro forma statements, a capital expenditures budget, and a cash budget.
For each of the following separate cases, use the information provided to calculate the missing cash inflow or cash outflow using the direct method.(a)Accounts receivable balances:?? Beginning of year $ 60,000? End of year 63,000?Sales revenue (all on credit) 395,000?Cash received from customers $______???(b)Accounts payable balances:?? Beginning of year $ 42,000? End of year31,000?Merchandise inventory balances:?? Beginning of year 50,000? End of year 52,500?Cost of goods sold250,000?Cash paid for merchandise inventory $ ______???(c)Interest payable balances:?? Beginning of year $ 7,500? End of year 8,200?Interest expense 31,000?Cash paid for interest $ ______
What will be an ideal response?
Stare decisis is a doctrine obligating judges to help persons who have failed to protect their own rights
Indicate whether the statement is true or false