On July 1, 2020, Hobson Fencing granted compensatory stock options for 10,000 shares of its $24 par value common stock to key employees. On the date the stock options were granted, the market price of the common stock was $31 per share. Using a fair value option pricing model, Hobson determined that the total compensation expense would be $32,000 for the stock options. The options are exercisable beginning January 1, 2021 to all employees who still work for the company. The options expire on June 30, 2022. On January 2, 2021, all stock options were exercised; the market price of the stock at the time was $36 per share. If the service period is for two years beginning January 1, 2020, how much compensation expense should Hobson Fencing record on December 31, 2020, if they use the fair value method?

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.