Answer:
C) Tax examiner
Explanation:
cus i said so
Answer:
The options are given below:
A. $17.5 million.
B. $61.25 million.
C. $122.5 million.
D. $0 million.
The correct option is B. $61.25 million.
Explanation:
From the question above, we have the following:
Number of common shares granted = 17.5 million
Price par common share = $1
Market price of common shares = $7
We calculate the effect on earnings in the year after the shares are granted to executives as follows:
$7 X 17.5 million
=> 122,500,000
Now, we divide this by the number of years that the common share is subject to forfeiture if employment is terminated:
=> 122,500,000/2
=> $61,250,000
b. Avoidance
c. Collateral
d. Restricted