On january 1, 2017, western carolina company granted andy eggers, an employee, an option to buy 2,000 shares of western carolina co. stock for $25 per share, the option exercisable for 5 years from date of grant. using a fair value option pricing model, total compensation expense is determined to be $21,000. eggers exercised his option on september 1, 2017, and sold his 2,000 shares on december 1, 2017. quoted market prices of western carolina co. stock during 2017 were
january 1 $25 per share
september 1 $30 per share
december 1 $34 per share
the service period is for three years beginning january 1, 2017. as a result of the option granted to eggers, using the fair value method, western carolina should recognize compensation expense for 2017 on its books in the amount

Identify which of the twelve basic functions listed below fit the description given.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls