Business, 20.12.2019 19:31, BlueLemonWater

On october 15, 2017, the board of directors of ensor materials corporation approved a stock option plan for key executives. on january 1, 2018, 29 million stock options were granted, exercisable for 29 million shares of ensor's $1 par common stock. the options are exercisable between january 1, 2021, and december 31, 2023, at 90% of the quoted market price on january 1, 2018, which was $20. the fair value of the 29 million options, estimated by an appropriate option pricing model, is $6 per option. ensor chooses the option to recognize forfeitures only when they occur. ten percent (2.9 million) of the options were forfeited when an executive resigned in 2019. all other options were exercised on july 12, 2022, when the stock's price jumped unexpectedly to $28 per share. required: 1. when is ensor's stock option measurement date? 2. determine the compensation expense for the stock option plan in 2018. (ignore taxes.)3. prepare the necessary journal entries.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 12:30, dtrdtrdtrdtrdrt1325

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented

Answers: 1

continue

Business, 23.06.2019 00:00, amanquen35

How do the percentages of the 65 customer satisfaction ratings in that actually fall into the intervals [formula62.mml ± s], [formula62.mml ± 2s], and [formula62.mml ± 3s] compare to those given by the empirical rule? do these comparisons indicate that the statistical inferences you made in parts b and c are reasonably valid? (round your answers to the nearest whole number. omit the "%" sign in your

Answers: 2

continue

Business, 23.06.2019 02:20, lenaeeee

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)

Answers: 1

continue

Business, 23.06.2019 10:00, dani595

Bagwell's net income for the year ended december 31, year 2 was $189,000. information from bagwell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2. at december 31 year 2 year 1 common stock, $5 par value $ 504,000 $ 453,600 paid-in capital in excess of par 952,000 856,600 retained earnings 692,000 585,600

Answers: 3

continue

Do you know the correct answer?

On october 15, 2017, the board of directors of ensor materials corporation approved a stock option p...