Halo Company is a calendar-year U.S. firm with operations in
several countries. At January 1, 2021, the company had issued
41,300 executive stock options permitting executives to buy 41,300
shares of stock for $26. The vesting schedule is 20% the first
year, 30% the second year, and 50% the third year (graded-vesting).
The fair value of the options is estimated as follows:
Vesting Date | Amount Vesting | Fair Value per Option | ||||
Dec. 31, 2021 | 20 | % | $ | 8 | ||
Dec. 31, 2022 | 30 | % | $ | 9 | ||
Dec. 31, 2023 | 50 | % | $ | 13 | ||
What is the compensation expense related to the options to be
recorded in 2022?
rev: 03_30_2020_QC_CS-206085
Multiple Choice
$55,755.
$111,510.
$145,238.
$143,173.
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