How many MWW shares were purchased during fiscal 2001 by employees exercising their stock options? What was

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How many MWW shares were purchased during fiscal 2001 by employees exercising their stock options? What was the average price paid for each share purchased?

How much did MWW receive in total from the employees exercising their stock options? How much is reported in MWW’’s statement of cash flows for the sale of shares? Where in the statement of cash flows is this amount reported? Explain why it is reported there. What journal entry would MWW make to record the exercise of the stock options?

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