Why might a corporation grant stock options to employees in lieu of a higher salary?
Answer to relevant QuestionsWhat is a stock warrant? How are they used by corporations? What is a stock dividend? How does it differ from a stock split? How are dividend payout and profitability ratios useful to investors? RVR Enterprises shows net income of $100,000 for 2011 and retained earnings of $500,000 on its December 31, 2011, balance sheet. During the year RVR declared and paid $60,000 in dividends. What was RVR’s retained earnings ...Wilson Corporation declared a cash dividend of $80,000 on December 31, 2011. Required: What is the appropriate journal entry to record this declaration?
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