Walters audio visual inc. offers an incentive stock option plan to its regional managers. on january 1, 2018, options were granted for 40 million $1 par common shares. the exercise price is the market price on the grant date—$8 per share. options cannot be exercised prior to january 1, 2020, and expire december 31, 2024. the fair value of the 40 million options, estimated by an appropriate option pricing model, is $1 per option. required: 1. determine the total compensation cost pertaining to the stock option plan. (enter your answer in millions (i. e., 10,000,000 should be entered as

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.