Business
Business, 15.11.2019 22:31, lala1196

On january 1, 2018, red inc. issued stock options for 280,000 shares to a division manager. the options have an estimated fair value of $5 each. to provide additional incentive for managerial achievement, the options are not exercisable unless divisional revenue increases by 6% in three years. red initially estimates that it is probable the goal will be achieved. ignoring taxes, what is compensation expense for 2018? (round your answer to the nearest dollar amount.)

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On january 1, 2018, red inc. issued stock options for 280,000 shares to a division manager. the opti...

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