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CUNY Borough of Manhattan Community College *
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Course
330
Subject
Finance
Date
Jan 9, 2024
Type
docx
Pages
1
Uploaded by fifoeliverta
Question
21
0
out
of
1
points
On
January
1,
2023,
Carly
received
1,000
SARs
at
$18,
the
current
trading
price
of
Clippers,
Inc.,
her
employer.
The
SAR
have
a
limit
of
$30/share.
During
2023,
the
value
of
the
shares
rise
and
peak
at
S40/share
on
or
about
December
17,
2023,
Carly
exercises
the
SARs
on
January
1,
2025,
when
Clipper's
stock
is
$20
per
share,
which
of
the
following
statements
s
true?
Selected
@
2.
In
2025
will
have
W-2
income
equal
to
$2,000.
Answer:
Answers:
1
n
2025
Carly
will
have
long-term
capital
gain
of
$2.000.
2.
In
2025
will
have
W-2
income
equal
to
$2,000.
3.
In
2025
Carly
will
have
W-2 income
equal
to
$20,000.
4
n
2025
Carly
will
have
an
adjusted
taxable
basis
of
$18,000
in
the
Clippers,
Inc.
stock.
@
5.
None
of
the
above.
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A1
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Dividend payment Personal Finance Problem Kathy Snow wishes to purchase shares of Countdown Computing, Inc. The company's board of directors has declared
a cash dividend of $0.59 to be paid to holders of record on Wednesday, Sep. 21.
se Options
a. What is the last day that Kathy can purchase the stock and still receive the dividend?
b. What day does this stock begin trading ex dividend?
c. What change, if any, would you expect in the price per share when the stock begins trading on the ex-dividend day?
d. Kathy believes that she will be able to sell the stock for $49.96 in a few months. Tomorrow is the ex-dividend date, and the stock price now is $45.96. Is she better off
buying the stock now so she can capture the dividend, or should she wait until tomorrow, miss the dividend, and buy the stock at a slightly lower price?
a. What is the last day that Kathy can purchase the stock (trade date) and still receive the dividend? (Select the best answer below.)
O A. Sunday, Sep. 18
OB.…
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A1
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Item3 Item 3 Feldmann Corporation permits any of its employees to buy shares directly from the company through payroll deduction. There are no brokeragefees and shares can be purchased at a 10% discount. During 2024, employees purchased 26 million shares; during this same period, the shares had a marketprice of S20 per share at the end of the year. Feldmann's 2024 pretax earnings will be reduced by: Multiple Choice S52 million. S468 million. S520 million. SO .
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Question 5
On January 2, 2020, Theodora Company purchased 40,000 shares of Byzantine, Inc. stock at P100 per share. Brokerage fees amounted to P120,000. A P5 dividend per share of Byzantine, Inc. shares had been declared on December 15, 2019, to be paid on March 31, 2020 to shareholders of record on January 31, 2020. The shares are designated as FVTOCI. On December 31, 2020 the investment has a fair value of P4,200,000. How much should be recognized in the 2020 other comprehensive income related to these securities?
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P400,000
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Instructions
(a) Prepare a schedule that shows the amount of compensation expense for each of the four years starting with 2020.
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Make the journal entry to recognize the compensation expense associated with the options on
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Question 3 Week 4
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Required
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For the year 2020, how much should Dan recognize as compensation expense?
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QUESTION 7
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A.
$ 900,000
B.
$ 780,000
C.
$1,800,000
D.
$ 300,000
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(Use the following information of Ashley Company to answer the next three questions.)
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O $8,000
O $14,000
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Which statement is correct?
Group of answer choices
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December 29, 2018
May 14, 2019
August 9, 2019
December 31, 2019
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35. What is the balance of treasury shares?
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37. What is the total shareholders' equity?
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rights)
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