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9. On January 1, 2017, Sharp Corp. granted an employee an option to purchase 15,000 shares of Sharp's $5 par value common stock at $20

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9. On January 1, 2017, Sharp Corp. granted an employee an option to purchase 15,000 shares of Sharp's $5 par value common stock at $20 per share. The Black-Scholes option pricing model determines total compensation expense to be $350,000. The option became exercisable on December 31, 2018, after the employee completed two years of service. The market prices of Sharp's stock were as follows: January 1, 2017 December 31, 2018 For 2018, should recognize compensation expense under the fair value method of A) $225,000. B) $75,000. C) $175,000. D) S0 $30 50 10. Due to the importance of earnings per share information, it is required to be reported by all Nonpublic Companies Public Companies A) B) C) D) Yes Yes No No Yes No No Yes

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