Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition
Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition
1st Edition
ISBN: 9780134047430
Author: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Publisher: PEARSON
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Chapter 19, Problem 19.2MC
To determine

To identify: The correct option.

Given information:

Number of Shares as Employee Stock Option on January 1 is 2,000 shares.

Purchase price of share as on January 1 is $40.

Fair Value of the options totaled as on January 1 is $20,000.

Price at which the stock was sold in December 31, Year 1 is $45.

Price at which the stock was sold in December 31, Year 2 is $55.

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Chapter 19 Solutions

Intermediate Accounting - Myaccountinglab - Pearson Etext Access Card Student Value Edition

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