ruddymorales1123
27.02.2020 •
Business
On November 1, 2017, Columbo Company adopted a stock-option plan that granted options to key executives to purchase 30,000 shares of the company's $10 par value common stock. The options were granted on January 2, 2018, and were exercisable 2 years after the date of grant if the grantee was still an employee of the company. The options expired 6 years from date of grant. The option price was set at $40, and the fair value option-pricing model determines the total compensation expense to be S450.000 All of the options were exercised during the year 2020: 20,000 on January 3 when the market price was $67, and 10,000 on May 1 when the market price was $77 a share nstructions Prepare journal entries relating to the stock option plan for the years 2018, 2019, and 2020. Assume that the employee performs services equally in 201:8 and 2019.
Solved
Show answers
More tips
- F Family and Home What is a Smart Home System and How Does it Work?...
- F Food and Cooking Do Aphrodisiacs Really Work? Separating Fact from Fiction...
- C Computers and Internet Log-in: what is it and why do you need it?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
Answers on questions: Business
- B Business Using the sample data, perform one-way analysis of variance (anova). evaluate whether the average return of at least one of the industry-specific etfs is significantly...
- B Business Asalesman at a music store always begins by showing his customers high-priced instruments. when the customers refuse these, the salesman shows them the more economical...
- B Business Losses on the cash sales of property, plant, and equipment: a. are reported on a net-of-tax basis if material. b. are part of cash flows from operations. c. are the excess...
- B Business Hewlett-packard delays customization of its laser printers as long as possible. this is an example of which of the following? a. standardization b. postponement c. timely...
- B Business Miller company managers realize that jim s corporation may attempt to enter their market. what steps might they take to dissuade jim s corporation from entering? what...
- B Business Unions and company managers typically do their best to resolve grievances before arbitration becomes necessary. arbitration is the last resort, primarily because:...
- B Business According to the theory of constraints, which of the following is an operational measurement that can be used to measure the firm s ability to make money? a. sales b....
- B Business Evaluating an advertising campaign is the simplest part of the advertising process because the factors that determine the effectiveness of an ad are limited and clear....
- B Business In the first year of an asset s life, which of the following methods has the smallest depreciation? a. declining balance. b. sum-of-the-years digits. c. composite or group....
- B Business A(n) is a financial contract that provides annual payments until a specified year or until one s death.a) savings accountb) annuityc) mortgaged) trust...
Ответ:
Answer and Explanation:
The answer is attached below
Ответ:
1) angle MPN = angle MNT | Given
2) angle PMN = angle PMN | Common angles
Step-by-step explanation:
Therefore, by the AA theorem of similarity angle PMN = angle NMT