On March 1, 2017, When the Market Price of Wilson's

question 115

Multiple Choice

On March 1, 2017, when the market price of Wilson's stock was $14 per share, 3 million of the options were exercised. The journal entry to record this would include:

• A)A debit to paid-in capital-stock options for $42 million.
• B)A credit to paid-in capital-excess of par for $255 million.
• C)A credit to common stock for $75 million.
• D)All of these are correct.

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Definitions:

Nerve Impulses

Electrical signals that travel along neurons to transmit information throughout the nervous system.

Postmortem

Analysis or examination conducted after death, often referring to autopsies or evaluations to determine cause of death.

Abnormalities

Deviations from the normal morphology, physiology, or behavior in organisms, often indicating a disorder or disease.