Stock options refer to the right to buy shares of company stock at some future date for the price of the shares on the day that the company awarded the right.

Answer the following statement true (T) or false (F)


True

Stock options are the right to buy shares of company stock at some future date for the price of the shares on the day that the company awarded the options. See 15-4: Human Resource Planning: Drawing the Map

Business

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The following condensed balance sheet is presented for the partnership of D, E, and F who share profits and losses in the ratio of 5:3:2, respectively:   Cash$100,000 Other Assets 480,000  $580,000 Liabilities$160,000 D, Capital 200,000 E, Capital 130,000 F, Capital 90,000 Total$580,000 The partners agreed to liquidate the partnership after selling the other assets.Refer to the above information. If the other assets are sold for $280,000, how much should F receive upon liquidation?

A. $50,000 B. $76,000 C. $44,000 D. $90,000

Business

Poland has a growing middle class and boasts a large skilled labor force. Poland is most likely categorized as a developing country

Indicate whether the statement is true or false

Business

Peck Tech. purchased a patent at the beginning of 2011 for $400,000. The patent's legal life was 20 years, but economic benefits were expected for 10 years. Also, during 2011, Peck's incurred research and development costs of $200,000. The book value of the patents at December 31, 2011, is:

A) $400,000 B) $360,000 C) $350,000 D) $560,000

Business

Memorizing the first or last section of a presentation is often effective

Indicate whether the statement is true or false

Business