Business, 12.08.2019 21:20, bc25rodriguez
On january 1, 2018, hugh morris comedy club (hmcc) granted 1.2 million stock options to key executives exercisable for 1.2 million shares of the company’s common stock at $24 per share. the stock options are intended as compensation for the next three years. the options are exercisable within a four-year period beginning january 1, 2021, by the executives still in the employ of the company. no options were terminated during 2018. the market price of the common stock was $28 per share at the date of the grant. hmcc estimated the fair value of the options at $6 each. 1% of the options are forfeited during 2019 due to executive turnover. what amount should hmcc record as compensation expense for the year ended december 31, 2019, assuming hmcc chooses the option to record forfeitures as they actually occur?
Answers: 1
Business, 22.06.2019 11:30, fjjjjczar8890
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
Business, 22.06.2019 16:50, amayarayne5
Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.
Answers: 1
Business, 22.06.2019 21:50, reggiegilbert1995
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
On january 1, 2018, hugh morris comedy club (hmcc) granted 1.2 million stock options to key executiv...
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