The degrees of freedom for a contingency table with 6 rows and 3 columns is
a. 18
b. 15
c. 6
d. 10
D
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On January 1, 2018, Waddle Company adopted a compensatory stock option plan and granted its managers 10,000 options to buy shares of common stock; each option can be used to acquire a share of common stock at a price of $25 a share. The fair value of each option was $7.50 on January 1, 2018. The options can be converted into common stock after July 1, 2018. The required service period is three years. How much compensation expense will be recorded for the year ending December 31, 2020 using the fair value approach to accounting for stock options?
A. $ 50,000 B. $ 75,000 C. $ 25,000 D. $175,000
Beer, Eisenstat, and Spector’s prescriptive steps to change rely on all of the assumptions except:
a. A fundamental cooperative orientation and commonality of goals b. Change is most effective when initiated by top management c. Change will evolve over time d. Shared vision is possible
Diego is a truck driver for Entertainment Supplies Company (ESC). Diego does exactly what ESC tells him. Diego is
A. an employee. B. an employer. C. an independent contractor. D. a principal.
Hot and Black Tide Inc., an electronics manufacturer, merges with Crimp Corp., a food manufacturing brand, to make the firms less vulnerable to adverse conditions in any single market. This scenario is an example of a(n) _____.
A. horizontal merger B. vertical merger C. conglomerate merger D. market extension merger