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Common Stock Issued to Employees Through the Exercise of Stock

Question 118

Multiple Choice

Common stock issued to employees through the exercise of stock warrants under a stock option plan that is classified as a noncompensatory stock option plan is recorded by the corporation at the


A) market price of the stock
B) option price of the stock
C) market price of the stock at the first date that the warrant can be exercised
D) option price of the stock plus the value assigned to the stock warrant

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