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Business, 11.05.2021 20:00 braydenyindbsh4711

Biden Inc. issued stock options for 200,000 shares to a division manager on January 1, 2021. The options have an estimated fair value of $6 each. To provide additional incentive for managerial achievement, the options are not exercisable unless divisional revenue increases by 6% in three years. Biden initially estimates that it is probable the goal will be achieved. In 2022, after one year, Biden estimates that it is not probable that divisional revenue will increase by 6% in three years. Ignoring taxes, what is the effect on earnings in 2022

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Biden Inc. issued stock options for 200,000 shares to a division manager on January 1, 2021. The opt...
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