On January 1, 2021, D Corp. granted an employee an option to purchase 7,500 shares of...
On January 1, 2021, D Corp. granted an employee an option to purchase 7,500 shares of D's $4 par common stock at $23 per share. The options became exercisable on December 31, 2022, after the employee completed two years of service. The option was exercised on January 10, 2023. The market prices of D's stock were as follows: January 1, 2021, $36; December 31, 2022, $55; and January 10, 2023, $47. An option pricing model estimated the value of the options at $10 each on the grant date. For 2021, D should recognize compensation expense of:
Homework Answers
Add Answer to:
On January 1, 2021, D Corp. granted an employee an option to
purchase 7,500 shares of...
On January 1, 2019, Bramble Corp. granted Sam Wine, an employee, an option to buy 1,000...
On January 1, 2019, Bramble Corp. granted Sam Wine, an
employee, an option to buy 1,000 shares of Bramble Co. stock for
$30 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 $5580. Wine exercised his option on
October 1, 2021 and sold his 1,000 shares on December 1, 2021.
Quoted market prices of Bramble Co. stock in 2021 were:
July 1$28 per...
On November 1, 2020, Sage Company adopted a stock-option plan that granted options to key executives...
On November 1, 2020, Sage 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, 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 value option-pricing model determines the...
On January 1, 2021, M Company granted 96,000 stock options to certain executives. The options are...
On January 1, 2021, M Company granted 96,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2023, and expire on January 1, 2027. Each option can be exercised to acquire one share of $1 par common stock for $9. An option-pricing model estimates the fair value of the options to be $3 on the date of grant. What amount should M recognize as compensation expense for 2021? ---- On January 1, 2021, M Company...
Question 2 Chapter 15 Assignment On January 1, 2021, Braeben Inc, granted stock option within a...
Question 2 Chapter 15 Assignment On January 1, 2021, Braeben Inc, granted stock option within a five-year period beginning Janua and they expire December 31, 2027. The m at the date of grant. Using the Black-Scholes option prica of each option on January 1, 2021 to be $2.75. of 180,000 of the compare of the company's no-par value common shares at $30 each. The options ne granted stock options to officers and key employees for the purchase year period beginning...
On January 1, 2018, Sheridan Company granted Dic Williams, an employee, an option to buy 500 shares of Sheridan Co. stoc...
On January 1, 2018, Sheridan Company granted Dic Williams, an
employee, an option to buy 500 shares of Sheridan Co. stock for $30
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 $5240. Williams exercised his option on
September 1, 2018, and sold his 500 shares on December 1, 2018.
Quoted market prices of Sheridan Co. stock during 2018
were:
January 1
$28...
On January 1, 2021, Windsor Inc. granted stock options to officers and key employees for the...
On January 1, 2021, Windsor Inc. granted stock options to officers and key employees for the purchase of 20,000 shares of the company’s $10 par common stock at $23 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $378,200....
Exercise 16-11 On January 1, 2021, Martinez Inc. granted stock options to officers and key employees...
Exercise 16-11 On January 1, 2021, Martinez Inc. granted stock options to officers and key employees for the purchase of 18,000 shares of the company’s $10 par common stock at $27 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to...
On November 1, 2020, Riverbed Company adopted a stock-option plan that granted options to key executives...
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...
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the...
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the purchase of 23,000 shares of the company's $10 par common stock at $24 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $337,000....
On January 1, 2021, Marigold Inc, granted stock options to officers and key employees for the...
On January 1, 2021, Marigold Inc, granted stock options to officers and key employees for the purchase of 22,000 shares of the company's $10 par common stock at $26 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $318,000....
On January 1, 2019, Bramble Corp. granted Sam Wine, an
employee, an option to buy 1,000 shares of Bramble Co. stock for
$30 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 $5580. Wine exercised his option on
October 1, 2021 and sold his 1,000 shares on December 1, 2021.
Quoted market prices of Bramble Co. stock in 2021 were:
July 1$28 per...
Question 2 Chapter 15 Assignment On January 1, 2021, Braeben Inc, granted stock option within a five-year period beginning Janua and they expire December 31, 2027. The m at the date of grant. Using the Black-Scholes option prica of each option on January 1, 2021 to be $2.75. of 180,000 of the compare of the company's no-par value common shares at $30 each. The options ne granted stock options to officers and key employees for the purchase year period beginning...
On January 1, 2018, Sheridan Company granted Dic Williams, an
employee, an option to buy 500 shares of Sheridan Co. stock for $30
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 $5240. Williams exercised his option on
September 1, 2018, and sold his 500 shares on December 1, 2018.
Quoted market prices of Sheridan Co. stock during 2018
were:
January 1
$28...
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...
On January 1, 2021, Cullumber Inc. granted stock options to officers and key employees for the purchase of 23,000 shares of the company's $10 par common stock at $24 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $337,000....
On January 1, 2021, Marigold Inc, granted stock options to officers and key employees for the purchase of 22,000 shares of the company's $10 par common stock at $26 per share. The options were exercisable within a 5-year period beginning January 1, 2023, by grantees still in the employ of the company, and expiring December 31, 2027. The service period for this award is 2 years. Assume that the fair value option-pricing model determines total compensation expense to be $318,000....
Most questions answered within 3 hours.
-
True or False?
Considering a door as a rigid body. Its angular motion happens
in a...
asked 2 minutes from now -
In
IUPAC naming, do we concider the prefix in alphabatizing?
In other words do we look...
asked 2 minutes ago -
If a trust has income required to be distributed of $11,500,
other amounts paid or required...
asked 19 minutes ago -
The degree of ionization of a weak acid
____________________.
Select all that are True.
a) varies...
asked 19 minutes ago -
Cereal for Breakfast. A cereal company claims
70% of Americans start the day with cereal for...
asked 19 minutes ago -
An elevator has a placard stating that the maximum capacity is
2400 lblong dash15 passengers. So,...
asked 22 minutes ago -
two charged proteins P1 and P2 are located at the positions
(1m,1m) and (-1m,1m) respectively on...
asked 33 minutes ago -
eBook
Calculator
Job Order Cost Sheet
Remnant Carpet Company sells and installs commercial carpeting
for office...
asked 38 minutes ago -
Using Kapustinskii equation, determine the lattice energy of a
hypothetical compound NaCl2 . Assume the sum...
asked 40 minutes ago -
Most schools and
businesses require some standard style of documentation for written
reports. Discuss why might...
asked 37 minutes ago -
cookbooks are going metric. in such books 1 cup is equal to 240
ml. Express 1...
asked 40 minutes ago -
________40. Which of the following is the correct sequence of
steps in the general
adaptation...
asked 49 minutes ago