A Measurs heir foiror decreoses me most important accounting objective 6. esecutive stock A Measuring and reporting the amount of compensotion expense during the service period held at the end of each occounting & Measuring their fair C Fo isclose increoses or decreases in the stock eptions 0 None of these answer choices is correct 17. On Janwary 1. 2016, Red Inc. issued stock options for 200,000 shares to options nove an estimoted fair voue of $6 each. To provide oddtionol incentive for manogerial not exercisable unless divisional revenuei Ehot it is probable the goal will be ochieved. Ignoring taxes, whot is achievement, the options are years. Red initialy estimates thot it is probable the compensotion expense for 2016? for 2016? A 50 B. $200,000 C $400,000 D. $1,200,000 To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly from the compony through payroll deduction. There are no brokerage fees and shares can be purchased at a 15% discount. During May, employees purchased 10,000 shares ot a time when the market price of the shares on the New York Stock Exchange wos $15 per share. KL wll record compensation expense associated with the May 18. A. $o $15,000 C $22,500 D $150,000 19 Nonconvertible bonds affect the colculation of A Basic earnings per share. B. Diluted earnings per share C Basic earnings per share and Diluted earnings per share D. None of these answer choices is correct 20 Ifa stock split occurred, when calculating the current year's EPS, the shares are treated as issued A. At the end of the year. B. On the first day of the next fiscal year C At the beginning of the year. D. On the date of distribution