wiltseliz548 wiltseliz548

14-05-2020
Business

contestada

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 62,500 $1 par common shares. The exercise price equals the $3 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2024, and expire December 31, 2025. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record the exercise of 70% the options on April 15, 2024, when the market price of the stock was $6

Respuesta :

yahayadanjuma55 yahayadanjuma55

15-05-2020

Answer:

Explanation:

Base on the scenario been described in the question, we can use the following method

Account Debit Credit

Compensation expenses 20,833

Paid in capital - Stock options 20,833

(62,500*1)/3

Answer Link

Otras preguntas

From Edmentum/Plato You may be familiar with rubrics used for grading at your school. Take the idea of a rubric and create your own grading or evaluation form b

What part of the constitution establishes the legislative branch of the government

What happens to temperature as a substance melts and heat energy is used to break the connections between molecules, until all melting is complete?.

10. The speed of a transverse wave is 15 m/s. The frequency of the wave is 2.5 Hz. What is the wavelength? *

Which of Phoenix's character traits come most into play in her interaction with the hunter? A. cunning and courage B. bitterness and anger 22. C. guilt and sham

Life has its ups and downs. The ups are more meaningful when you can share them with others. The downs are easier to get through when you have the support of ot

what is the value of x

The measure of angle B is 68 degrees. What is the measure of its supplementary angle?

Evaluate the function. f(x)=x^3+x; find f (2)

Write and evaluate the expression. Then, select the correct answer. The sum of forty-five and a number; evaluate when n = 1. 1 45n; when n = 1. 1, the value is