User Account

All Pages

What amount should faac record as compensation expense

Assignment Help Accounting Basics
Reference no: EM133139179

Question - On January 1, 2021, Felix Austead Athletic Club (FAAC) granted stock options to key executives exercisable for 510,000 shares of the company's common stock at $19 per share. The stock options are Intended as compensation for the next four years. The options are exercisable within a four-year period beginning January 1, 2025, by the executives still in the employ of the company. No options were terminated during 2021, but the company anticipates 4% forfeitures over the life of the stock options. The market price of the common stock was $19 per share at the date of the grant. FAAC estimated the fair value of the options at $5 each. 2% of the options are forfeited during 2022 due to executive turnover. What amount should FAAC record as compensation expense for the year ended December 31, 2022, assuming FAAC chooses the option not to estimate forfeltures?

Reference no: EM133139179

Questions Cloud

Trends in the canadian labour market : List 3 trends in the Canadian labour market. How will they change HR policies in the future?
Describe three forms of time not worked : Describe three forms of "time not worked" and how they help organizations more attractive to potential employees
Employers want managers to acquire three skills : Identify which skill you consider most important. Explain how you would use that skill in the workplace to manage your team.
Give a basic definition of stress : For this section of the portfolio, the focus is on stress reduction strategies. Refer back to Chapter 12 of your textbook:
What amount should faac record as compensation expense : What amount should FAAC record as compensation expense for the year ended December 31, 2022, assuming FAAC chooses the option not to estimate forfeltures
What is job description and job specification : Question 1: "What is job description and job specification"?
National labor relations : The National Labor Relations Board consists of five members, who serve staggered terms and who are appointed by the president of the United States.
49680 Value Chain Engineering Systems Assignment : 49680 Value Chain Engineering Systems Assignment Help and Solution, University of Technology Sydney - Assessment Writing Service
Kirkpatrick four levels of evaluationthese adaptations : Discuss the "New World" updates made to each of Kirkpatrick's Four Levels of Evaluationthese adaptations

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd