Tom Recently Received 2,000 Shares of Restricted Stock from His

question 100

Multiple Choice

Tom recently received 2,000 shares of restricted stock from his employer, Independence Corporation, when the share price was $10 per share. Tom's restricted shares vested three years later when the market price was $14. Tom held the shares for a little more than a year and sold them when the market price was $20. What is the amount of Tom's income or loss on the vesting date?

• A) $0.
• B) $10,000.
• C) $20,000.
• D) $28,000.

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Definitions:

Demographic

Statistical data relating to the population and particular groups within it, used especially to identify consumer markets.

Ideological Presentation

The act of expressing thoughts, beliefs, or a vision systematically to convey a particular ideological stance.

Agenda-Setting

The process by which the media shapes public perception and awareness of important issues by choosing which stories to highlight.

Framing

In communication, the way information is presented to the audience, which influences the perception and interpretation of that information.