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svet-max
2 months ago
15

Colleen’s employer gives her options on 900 shares of company stock. The stock price on the day of the award was $54, and the cl

osing price was as follows in the future: end of 2020 - $47; end of 2021 - $54; end of 2022 - $60. What was the value to Colleen of this award at the end of 2022?
Business
1 answer:
marusya05 [3.7K]2 months ago
5 0

Answer:

The available options are:

a. 4,800

b. 6,000

c. 5,400

d. 54,000

The correct option is D, $54,000.

Explanation:

The value of the award each year is calculated by multiplying the number of shares granted by the share's closing price at the year's end.

To clarify, the value of Collen's 900 shares awarded by her employer is $54,000 (900*$60).

Hence, option D, $54,000 is the right choice. The other options are incorrect as multiplying any closing price by 900 would yield an amount around $54,000, excluding figures like $4,800, $6,000, or even $5,400.

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On the island of Martha's Vineyard, jobs are plentiful during the summer months, but difficult to find in September once the tou
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1 month ago
The mars climate orbiter crashed on the surface of mars becausea. one program output thrust in terms of foot-pounds, and another
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6 0
2 months ago
A ski company in Vail owns two ski shops, one on the west side and one on the east side of Vail. Ski hat sales data (in dollars)
Scilla [3833]

Response:

The null hypothesis is rejected if t(critical) falls outside the range of -1.86 to +1.86.

Explanation:

Our goal is to determine the sales discrepancy between the east and west sides.

The significance level for this analysis is set at 10 percent, or 0.1, which is indicated by "h".

The hypothesis outlined in the question is as follows;

Hj: μd = 0.

Hi: μd ≠ 0.

Or

Hj: μ(east) = μ(west).

Hi: μ(east) ≠ μ(west).

The t(critical) value is determined using the formula +/− t(c/2) {df = n1 + n2 - 2 }.

[ Note that c/2) is a subscript of t and c =.1].

The t(critical) value is +1.86 or -1.86

6 0
1 month ago
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