Solution-What is the amount for paid-in capital in excess

What is the amount for paid-in capital in excess

Assignment Help Accounting Basics

Reference no: EM132674049

Problem 1: On January 1, 2021, a company granted stock options to employees for the purchase of 20,000 shares. Each option allows the employees to purchase one share of the company's $3 par common stock at $25 per share. The options are exercisable during a six-year period beginning January 1, 2025 by grantees still employed by the company. The Black-Scholes option pricing model determines total compensation expense to be $203,000. The market price of common stock was $15 per share at the date of grant. On September 1, 2026, 10,000 options are exercised when the market price of common stock was $66. As a result of the option exercises, what is the amount for Paid-in Capital in Excess of Par-c/s the company will record?

Reference no: EM132674049

Questions Cloud

Develop a case note about a client session : For your initial post to this discussion, develop a case note about a client session you recently completed. Use the Signs and Symptoms, Topics of Discussion.

Supply chain management-influence future public opinion : How might this incident influence future public opinion and regulatory actions if another issue arises with the 787 Dreamliner?

Potential benefits to the merged entity : Identify and explain the main driver/motive for this merger, discuss its potential benefits to the merged entity (TPG Telecom) and its possible challenges

Determine the taxable amount of social security benefits : Determine the taxable amount of Social Security benefits for the following situations - Erwin and Eleanor are married and file a joint tax return

What is the amount for paid-in capital in excess : On January 1, 2021,As a result of the option exercises, what is the amount for Paid-in Capital in Excess of Par-c/s the company will record?

Prepare the entry to record the write-off of uncollectible : Prepare the entries to record the recovery of the uncollectible account during the period. Prepare the entry to record the write-off of uncollectible accounts

Find the tax using each personal exemption : Find the tax. Use $3700 for each personal exemption; a standard deduction of $5800 for single people, $11,600 for married people filing jointly

What is the capital of the remaining partners if bonus used : Peter, Tom, and Jason, Peter retires and is paid $91,000. If the bonus method is used what is the capital of the remaining partners?

Prepare a scatter plot of machine hours and electricity cost : BC Logging Corporation is trying to analyze cost behavior of their electricity costs. Prepare a scatter plot of machine hours and electricity cost

User Account

All Pages

What is the amount for paid-in capital in excess

Reference no: EM132674049

Reference no: EM132674049

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT