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Answer the following questions from Professional Research, FASB Codification. Cite the paragraphs where you found these answers. a. In your own words, discuss the objectives

Answer the following questions from Professional Research, FASB Codification. Cite the paragraphs where you found these answers.

a. In your own words, discuss the objectives for accounting for stock compensation.

b. What is role of fair value measurement for stock options?

c. Pet Smart has restricted stock awards to executives. Explain the proper accounting for these. Using the Codification, how should Pet Smart measure non-vested restricted shares on the grant date? What about vested restricted shares?

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