On january 1, year 1, abbott company granted 92,000 stock options to certain executives. the options are exercisable no sooner than december 31, year 3, and expire on january 1, year 7. each option can be exercised to acquire one share of $1 par common stock for $14. an option-pricing model estimates the fair value of the options to be $5 on the date of grant. what is the amount of compensation expense for year 1?

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers