Which of the following was true about employee stock options prior to 1995?

A. The options never had any affect on a company's financial statements
B. The value of options which were at-the-money when issued had to be expensed on the income statement
C. The value of options which were at-the-money when issued had to be reported in the notes to the financial statements
D. Options which were at-the-money when issued did not affect a company's financial statements


D

Options which were at the money were assumed to have no cost to a company prior to 1995 .

Business

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A ______ is a standing plan that outlines the response to particular problems or circumstances.

A. procedure B. industry standard C. norm D. program E. certified procedure

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Which of the following is true?

A) Selling a trademarked item to many buyers can result in loss of the trademark. B) Trademark protection can be lost if a trademark becomes used generically. C) Under the "fair use" doctrine, trademarks can be used in certain limited ways without the trademark holder's permission. D) Terms such as "Mustang" cannot be trademarked because they consist only of generic terms.

Business

The first learning curve was developed by the aircraft industry

Indicate whether the statement is true or false

Business

Usury statutes apply only to

a. loans of money. b. pawnbrokers. c. loans to corporations. d. real estate mortgage loans.

Business