Sonja Wong made the following statements regarding employee stock options, treasury stock Statement 5: Mayhill Inc. reports
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Sonja Wong made the following statements regarding employee stock options, treasury stock
Statement 5:Mayhill Inc. reports 4,287,000 stock options granted during fiscal 2017 at a weighted-average fair-value of $23.10. The average vesting period for these options is four years. Mayhill should record a $99,029,700 expense on its income statement related to this option grant.
Statement 6: A re-issuance of treasury stock at a price lower than what it was repurchased for results in a loss on the income statement.
Statement 7: Net income is generally viewed as a more inclusive measure of performance than comprehensive income.
With respect to statements 5, 6 and 7, Sonja is
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