Question
During the fiscal year ended January 31, 2017, Acme Corp reported the exercise of 3,000 shares at a weighted-average exercise price of $24.88. Acmes stock
During the fiscal year ended January 31, 2017, Acme Corp reported the exercise of 3,000 shares at a weighted-average exercise price of $24.88. Acmes stock was trading at $11.40 on January 31, 2017 and $13.00 on December 31, 2016.
Calculate the amount of cash received as a result of the employee stock options exercise.
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Statistics Informed Decisions Using Data
Authors: Michael Sullivan III
5th Edition
978-0134135373, 134133536, 134135377, 978-0134133539
