Some argue that (1) because estimating the value of contingent claims (such as executive stock options) is
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Some argue that (1) because estimating the value of contingent claims (such as executive stock options) is surrounded with uncertainty and (2) the claims do not represent a cash outlay, the value of these claims should not be included in the income statement as an expense. Do you agree with these arguments?
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Business Analysis And Valuation
ISBN: 978-1473758421
5th Edition
Authors: Erik Peek, Paul Healy, Krishna Palepu
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