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(5 points) On 1/1 / 2021 Kakapo Co. granted 620,000 options to their engineering team that allows them to receive cash for the intrinsic value
(5 points) On 1/1 / 2021 Kakapo Co. granted 620,000 options to their engineering team that allows them to receive cash for the intrinsic value of the options. The options will vest after three yearsThe fair value of the options was $22.70 on 12/31 / 2021 , $56.75 on 12/31/2022, and $130.53 on 12/31 / 2023 What will be the amount of the adjustment to Compensation Expense for these options on 12/31/2023^ prime ? (NIE 14) $ 23,456,667 $80.928,600 $4,691,333 $57,471,933
) Bells, Inc.'s board authorized 150,000 stock options for the company's design team. The options can only be used to purchase shares of Bells, Inc's common stock for $9 per share and will vest in 3 years. Assuming that the options were authorized on January 1s of 2023, that the fair value of the options is $6, and that the company's tax rate is 20%, what will the amount of the net tax effect of these options in 2023? (NIE 15) $ 120,000 $300,000 $60,000 $180,000
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