On November 1 of the current year, Ms. Rustowicz purchases 500 shares of...
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Accounting
On November of the current year, Ms Rustowicz purchases shares of Standard Motors Ltd under a stock option plan. Standard Motors Ltd is a public corporation. Ms Rustowicz provides you with the following information: Stock Option granted on June of the prior year and Fair Market Value FMV at the "grant" date: $ per share Option price, offered to employees: $ per share Stock Option exercised on November of the current year and FMV at the "exercise" date $ per share On December of the current year, Ms Rustowicz continues to own the shares of Standard Motors Ltd The FMV of the shares on December is $ per share and Ms Rustowicz anticipates the share value will A $ B $ C $ D $
On November of the current year, Ms Rustowicz purchases shares
of Standard Motors Ltd under a stock option plan. Standard Motors Ltd is
a public corporation. Ms Rustowicz provides you with the
following information:
Stock Option granted on June of the prior year and Fair Market
Value FMV at the "grant" date: $ per share
Option price, offered to employees: $ per share
Stock Option exercised on November of the current year and FMV at
the "exercise" date $ per share
On December of the current year, Ms Rustowicz continues to own the
shares of Standard Motors Ltd The FMV of the shares on December
is $ per share and Ms Rustowicz anticipates the share value will
A $
B $
C $
D $
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