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Question - On Jan. 1, 2020, Cloud Inc. issues stock options for 100,000 shares to a regional manager. The options have an estimated fair value of $6 each. The provide additional incentive for the manager's achievement, the options are not exercisable unless the region revenue increase by 8% in three years. Because the manager when to Ravenclaw College, Cloud initially estimates that the incompetent manager will not achieve the goal. How much compensation will be recorded each year in 2020, 2021, and 2022, the vesting period?
Assume none of the clients were audit clients. What are the ethical issues involved in engaging in such transactions
Can investors earn abnormal returns if all assets and liabilities were measured at fair value? Assume that the market is semi-strong.
What lead to the replacement of the Accounting Principles Board? What was the main purpose of the Accounting Principles Board?
Course Project Paper and Presentation
Why is measurement in the context of accounting so important? b.Why has measurement become such a controversial accounting issues in recent times? c.Explain the arguments for and against using fair value as a measurement base.
Calculate the variances between the budget and actual costs for metal, labor, and tires. Also calculate the variance in operating income.
the best manufacturing company is considering a new investment. financial projections for the investment are tabulated
Prepare the journal entry to record the issue of the bond on November 1, 2017. Prepare the journal entry required to record the interest expense on April 30.
Assume Culver uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold
The business acquired equipment and machinery. Calculate Jack's gain or loss on the sale of his partnership interest. The character of the gain is not required
Derive sales revenue from data in the statement of cash flows and balance sheet. Compute the amount of sales during the year
There are approximately six major requirements outlined in GASB-34 - one of these is "Required Supplementary Information" (RSI). Describe this requirement and discuss the changes in reporting requirements RSI now requires of state and local gover..
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