Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
(Issuance, Exercise, and Termination of Stock Options) On January 1, 2013, Nichols Corporation granted 10,000 options to key executives. Each option allows the executive to purchase one share of Nichols' $5 par value common stock at a price of $20 per share. The options were exercisable within a 2-year period beginning January 1, 2015, if the grantee is still employed by the company at the time of the exercise. On the grant date, Nichols' stock was trading at $25 per share, and a fair value option-pricing model determines total compensation to be $400,000.
On May 1, 2015, 8,000 options were exercised when the market price of Nichols' stock was $30 per share. The remaining options lapsed in 2017 because executives decided not to exercise their options.
Instructions
Prepare the necessary journal entries related to the stock option plan for the years 2013 through 2017.
1. describe what you think is the most important control activity that a company can implement. why do you think that
townson company had gross wages of 200000 during the week ended december 10. the amount of wages subject to social
in preparing the direct materials budget for quan company management concludes that required purchases are 64000 units.
A manufacturing company makes the products that it sells. Briefly identify and define the cost elements that are incurred in making a product. After product cost elements are identified, how is the cost of goods manufactured for a period determine..
During June, 90,000 units were produced. The standard quantity of material allowed per unit was 2 pounds at a standard cost of $5 per pound. If there was an unfavorable quantity variance of $5,000 for June, the actual quantity of materials used mu..
assume that alshare company uses a periodic inventory system and has these account balances purchases 450000 purchase
Prepare the manufacturing staffs calculations, In the fIrst set of calculations, the staff used a discount rate of 20 percent, a fIve-year time horizon, and ignored taxes and terminal value. What is the relative attractiveness of these three alternat..
4-5a hogan thrift shop payroll register for period ending december 18 20 marital statusno. of wh allow. deductions
crunchy morsels inc. manufactures and sells corn chips. currently crunchy produces only one type of corn chip. the
cost-plus time and materials ethics. r amp c mechanical sells and services plumbing heating and air conditioning
classification at costs merchandising sector home entertainment center hec operates a large store in san francisco. the
the correct answer is b but i dont know how to get there. please explain step by step how you would solve to get b.on
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd