All else being equal, a non-GAAP disclosure that identifies stock-based compensation expense will show Higher non-GAAP operating income than GAAP operating income Lower non-GAAP operating income than GAAP operating income No difference between GAAP and non-GAAP operating income No difference between GAAP and non-GAAP net income

All else being equal, a non-GAAP disclosure that identifies stock-based compensation expense will show

No difference between GAAP and non-GAAP operating income

Explanation:

Stock-based compensation expenses are recognized as non-cash operating expenses in the income statement under US GAAP.  If the stock-based compensation is issued to the direct labor, then the expense is allocated to the cost of sales.  If it is issued to the indirect labor, it is allocated to the operating expense.  This shows that a non-GAAP disclosure of stock-based compensation expense agrees with the US GAAP.  Therefore, the stock-based compensation expenses will not make any difference when the non-GAAP and US GAAP financial statements are compared.

answer; ///i believe the correct answer is (c) laissez-faire;

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi