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trapecia [35]
2 years ago
3

Sweet Sarah received 10 NQOs (each option gives her the right to purchase 20 shares of stock for $5 per share) from her employer

at the time she started working when the stock price was $7 per share. Now that the share price is $20 per share, she intends to exercise all of the options. Two years later Sweet Sarah sells the stock for $22 per share, what is Sweet Sarah's basis in her stock for purposes of calculating the gain or loss?A. $1,000.B. $1,400.C. $4,000.D. $4,400.
Business
1 answer:
Cerrena [4.2K]2 years ago
6 0

Answer:

C) $4,000.

Explanation:

Sweet Sarah's basis should be the stock price at the moment that she decided to exercise her stock options. In this case Sarah decided to exercise her options when the stock was worth $20 each, therefore her basis would be = 10 NQO x 20 shares per NQO x $20 per share = $4,000.

Sarah's taxable gain = ($22 x 200) - $4,000 = $400

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The Basics of Business Writing
mario62 [17]

Answer:

1) a. Audience oriented

2) a. Purposeful

3) True

4) All except a

5) a. Analyze e. Anticipate d. Adapt

6) b. Analyzing

7) b. organizing

8) a. Editing

9) b. 50 percent

Explanation:

Purposeful:

It conveys information and solves problems

Persuasive:

Its goal is to make the audience accept and believe the message

Economical:

It's clear and concise and doesn't waste the reader's time; length is not rewarded

Audience Oriented:

It focuses on the reader, not the sender; concentrate on looking at a problem from the perspective of the audience instead of seeing it from your own.

5 0
2 years ago
Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's woul
Anvisha [2.4K]

Answer:

The answer is: E) None of these.

Explanation:

A foreign national is a person who wasn´t born in the country in which he or she temporarily lives in.

We don´t have enough information to know if Carrie´s Car Care is a wealthy company. Maybe its total sales are just $10,000 a year but they export $2,500.

A multinational corporation usually has branches or subsidiaries. All we know about Carrie´s Car Care is that it makes some money outside the US, but we don´t know how. Maybe they simply export 25% of their products or maybe they are a huge multinational corporation. Not enough information.

The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.

6 0
2 years ago
Why shouldn’t personal data like age, race, or gender be included on a résumé?
Solnce55 [7]

Answer:

Explanation:

Because when you included that sometime it can cause discrimination against a certain race of gender. For example, if you add that you are hispanic women you may not get picked for the job over a white male. For age when people see really old people applying for jobs they may not hire them because they would have to explain everything to them.

8 0
2 years ago
Read 2 more answers
A brick mason was hired by a builder under a written one-year contract, at an annual salary of $45,000, with employment to begin
nirvana33 [79]

Because he had a contract with the builder, the mason would be able to get the original contract price of $45,000.

8 0
2 years ago
Read 2 more answers
Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

4 0
2 years ago
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