On june 30, 2015, bates motels, llc granted compensatory stock options for 40,000 shares of its $20 par value common stock to certain key employees. the common stock market price on june 30, 2015 was $36 per share, with a $30 option price. using the black-scholes option pricing model, you calculate the total compensation expense to be $480,000. beginning january 1, 2016, the options are exercisable, provided that those key employees are still in bates's employ when the options are exercised. on june 30, 2017, the options expire. on january 15, 2016, when the market price of the stock was $42 per share, all 40,000 options were exercised. use the fair value method to determine which of these represents the amount of compensation expense recorded by bates motels, llc for the 2015 calendar year. $0 $192,000 $240,000 $480,000

Panera bread is a chain of cafes serving sandwiches, soups, and freshly baked breads. the company began in 1981 with stores primarily located along the east coast of the united states. since then, the firm has expanded to over 1,300 locations throughout the united states and canada. the firm has strong earnings and has been designated by business week as a "significant growth company." panera bread executives are considering the idea of expanding globally by opening cafes in asia through a franchising strategy. which of the following, if true, supports the argument that panera bread should expand into asia through franchising? a: the panera bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes. b: panera bread executives want fast access to the asian market without a significant investment of capital. c: panera bread executives want to test the asian market with a short-term commitment that allows them to make quick profits. d: the panera bread mission is to make excellent bread available to customers around the world.

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.