Magnetic-optical corporation offers a variety of share-based compensation plans to employees. under its restricted stock unit plan, the company on january 1, 2018, granted restricted stock units (rsus) representing 4 million of its $1 par common shares to various division managers. the shares are subject to forfeiture if employment is terminated within three years. the common shares have a market price of $22.50 per share on the grant date. management’s policy is to estimate forfeitures. required: 1. determine the total compensation cost pertaining to the rsus. 2. & 3. prepare the appropriate journal entries. 4. suppose magnetic-optical expected a 10% forfeiture rate on the rsus prior to vesting. determine the total compensation cost.

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.

Adisadvantage of corporations is that shareholders have to pay on profits.

After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of