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Martin Corporation granted a nonqualified stock option to employee Caroline on January 1, 2011. The option price was $150, and the FMV of the Martin stock was also $150 on the grant date. The option allowed Caroline to purchase 1,000 shares of Martin stock. The option itself does not have a readily ascertainable FMV. Caroline exercised the option on August 1, 2014 when the stock's FMV was $250. If Caroline sells the stock on September 5, 2015 for $300 per share, she must recognize
External Iliac Vein
A large vein that carries deoxygenated blood from the lower limbs to the common iliac vein.
Femoral Vein
A large vein in the thigh that carries deoxygenated blood from the lower limb back to the heart.
Hepatic Portal Vein
A large vein that carries nutrient-rich blood from the digestive organs to the liver for processing.
Inferior Mesenteric Vein
A vein that drains blood from the lower part of the large intestine and rectum into the portal venous system.
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