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Problem 16-4 Assume that Amazon.com has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock In the future at a price equal to the fair value of the stock at the date of the grant. Amazon has 4,200 stack options outstanding, which were granted at the beginning of 2017, The following data relate to Now assume that the market price of Amazon stock on the grant...
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P16.4 (LO 3) (Stock-Based Compensation) Assume that Amazon.com has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock in the future at a price equal to the fair value of the stock at the date of the grant. Amazon has 5,000 stock options outstanding, which were granted at the beginning of 2020. The following data relate to the option grant. Exercise price for options $40 Market...
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On November 1, 2020, Riverbed Company adopted a stock-option plan that granted options to key executives to purchase 24,900 shares of the company's $9 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $30, and the fair value option-pricing model determines the...
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Current Attempt in Progress On November 1, 2020, Cullumber Company adopted a stock option plan that granted options to key executives to purchase 27,300 shares of the company's $9 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $50, and the fair...
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On January 1, 2020, Ayayai Corporation granted 5,100 options to executives. Each option entitles the holder to purchase one share of Ayayai's $5 par value common stock at $50 per share at any time during the next 5 years. The market price of the stock is $70 per share on the date of grant. The fair value of the options at the grant date is $143,000. The period of benefit is 2 years. Prepare Ayayai's journal entries for January 1,...
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On January 1, 2020, Pronghorn Corporation granted 4,600 options
to executives. Each option entitles the holder to purchase one
share of Pronghorn’s $5 par value common stock at $50 per share at
any time during the next 5 years. The market price of the stock is
$69 per share on the date of grant. The fair value of the options
at the grant date is $161,000. The period of benefit is 2
years.
Prepare Pronghorn’s journal entries for January 1,...
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Exercise 16-10 On November 1, 2017, Monty Company adopted a stock-option plan that granted options to key executives to purchase 26,700 shares of the company's $9 par value common stock. The options were granted on January 2, 2018, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $30, and the fair value option-pricing model...
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On November 1, 2020, Pronghorn Company adopted a stock-option plan that granted options to key executives to purchase 21,300 shares of the company's $11 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $40, and the fair value option-pricing model determines the...
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On November 1, 2017, Ayayai Company adopted a stock-option plan
that granted options to key executives to purchase 24,300 shares of
the company’s $10 par value common stock. The options were granted
on January 2, 2018, and were exercisable 2 years after the date of
grant if the grantee was still an employee of the company. The
options expired 6 years from date of grant. The option price was
set at $50, and the fair value option-pricing model determines the...
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On November 1, 2017, Metlock Company adopted a stock-option plan
that granted options to key executives to purchase 33,900 shares of
the company’s $10 par value common stock. The options were granted
on January 2, 2018, and were exercisable 2 years after the date of
grant if the grantee was still an employee of the company. The
options expired 6 years from date of grant. The option price was
set at $30, and the fair value option-pricing model determines the...
Problem 16-4 Assume that Amazon.com has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock In the future at a price equal to the fair value of the stock at the date of the grant. Amazon has 4,200 stack options outstanding, which were granted at the beginning of 2017, The following data relate to Now assume that the market price of Amazon stock on the grant...
P16.4 (LO 3) (Stock-Based Compensation) Assume that Amazon.com has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock in the future at a price equal to the fair value of the stock at the date of the grant. Amazon has 5,000 stock options outstanding, which were granted at the beginning of 2020. The following data relate to the option grant. Exercise price for options $40 Market...
On November 1, 2020, Riverbed Company adopted a stock-option plan that granted options to key executives to purchase 24,900 shares of the company's $9 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $30, and the fair value option-pricing model determines the...
Current Attempt in Progress On November 1, 2020, Cullumber Company adopted a stock option plan that granted options to key executives to purchase 27,300 shares of the company's $9 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $50, and the fair...
On January 1, 2020, Ayayai Corporation granted 5,100 options to executives. Each option entitles the holder to purchase one share of Ayayai's $5 par value common stock at $50 per share at any time during the next 5 years. The market price of the stock is $70 per share on the date of grant. The fair value of the options at the grant date is $143,000. The period of benefit is 2 years. Prepare Ayayai's journal entries for January 1,...
On January 1, 2020, Pronghorn Corporation granted 4,600 options
to executives. Each option entitles the holder to purchase one
share of Pronghorn’s $5 par value common stock at $50 per share at
any time during the next 5 years. The market price of the stock is
$69 per share on the date of grant. The fair value of the options
at the grant date is $161,000. The period of benefit is 2
years.
Prepare Pronghorn’s journal entries for January 1,...
Exercise 16-10 On November 1, 2017, Monty Company adopted a stock-option plan that granted options to key executives to purchase 26,700 shares of the company's $9 par value common stock. The options were granted on January 2, 2018, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $30, and the fair value option-pricing model...
On November 1, 2020, Pronghorn Company adopted a stock-option plan that granted options to key executives to purchase 21,300 shares of the company's $11 par value common stock. The options were granted on January 2, 2021, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $40, and the fair value option-pricing model determines the...
On November 1, 2017, Ayayai Company adopted a stock-option plan
that granted options to key executives to purchase 24,300 shares of
the company’s $10 par value common stock. The options were granted
on January 2, 2018, and were exercisable 2 years after the date of
grant if the grantee was still an employee of the company. The
options expired 6 years from date of grant. The option price was
set at $50, and the fair value option-pricing model determines the...