AnnuG IncGranted 200,000 Stock Options to Its Employees

question 47

Essay

AnnuG Inc.granted 200,000 stock options to its employees.The options expire 45 years after the grant date of January 1,2015,when the share price was $23.Employees still employed by the company six years after the grant date may exercise the option to purchase shares at $45 each;that is,the options vest to the employees after five years.A consultant estimated the value of each option at the date of grant to be $2.50 each.
Required:
Record the journal entries relating to the issuance of stock options.

Recognize the importance of distinguishing between correlation and causation in psychological research.

Understand the historical context and purpose of intelligence testing.

Identify how intelligence is measured and compared across individuals.

Understand the distinction between declarative (explicit) and nondeclarative (implicit) memory.

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Definitions:

Brandfest

A celebratory event or gathering focused on promoting and enhancing the visibility and appeal of a particular brand.

Lab Coats

White coats worn by scientists and medical professionals as a protective garment and a symbol of their profession.

Expert Power

The influence or authority a person holds over others as a result of their expertise, skills, or knowledge in a particular domain.

Anticonformity

The deliberate opposition to social norms and conventions, where individuals choose to behave in ways distinctly different from or against the expected norms.