On june 1, year 1, oak corp. granted stock options to certain key employees as additional compensation. the options were for 1,000 shares of oak's $2 par value common stock at an option price of $15 per share. market price of this stock on june 1,year 1, was $17 per share. using an acceptable option pricing model oak determined that total compensation cost under the stock option plan was $5,000. the options were exercisable beginning january 2, year 2, and expire on december 31, year 3. on april 1, year 2, when oak's stock was trading at $21 per share, all the options were exercised. what amount of pretax compensation should oak report in year 1 in connection with the options?

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.