At january 1, year 1, amc company grants 10,000 options that permit key executives to acquire 10,000 of the company’s $1 par common shares within the next five years, but not before december 31, year 3 (the vesting date). the exercise price is the market price of the shares on the date of grant, $20 per share. the fair value of the options is $4 per option. eighty percent of the options (or 8,000) are exercised on january 5, year 4 when the market price is $30 per share. the remaining 20% of the options expire as unexercised when the market price is $18 per share. prepare the appropriate journal entry for the expiration of the unexercised options.

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes