Compared to the reported 2009 fi nancial statements, if Stereo Warehouse had used the 2007 expected volatility

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Compared to the reported 2009 fi nancial statements, if Stereo Warehouse had used the 2007 expected volatility assumption to value its employee stock options, it would have most likely reported higher:

A . net income.

B . compensation expense.

C . deferred compensation liability.

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International Financial Statement Analysis

ISBN: 9781118999479

3rd Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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