User Account

All Pages

Create journal entries on a spreadsheet

Assignment Help Financial Accounting
Reference no: EM132923544

Question - Your company issued employee 360,000 stock options to the CEO of your company. The options expiry in five years and have a vesting period of 3 years based on the following schedule:

1/3 upon issuance, 1/3 after one year and 1/3 after 2 years; Assume Zero Forfeiture Rate

-The options were valued at $1 per option

-Your company is expensing this option monthly

-Your CEO quit after 18 months and as a result his last tranche was forfeited

-Before quitting, the CEO exercised all his vested options

Create journal entries on a spreadsheet.

Reference no: EM132923544

Questions Cloud

How much revenue should emmet recognize on this contract : Assume Emmet estimates variable consideration as the expected value. How much revenue should Emmet recognize on this contract in 2021
Discuss the contemporary perspectives on leadership : Discuss the differences between leading and managing. Discuss the contemporary perspectives on leadership.
Describe the audit work that should be carried out : Describe the audit work that should be carried out in order to determine whether the closure has been correctly treated in the accounts of Riah Ltd for the year
Describe some of key components of temporary teams : Temporary teams are an integral part of an organization's success. Describe some of the key components of temporary teams.
Create journal entries on a spreadsheet : Your company issued employee 360,000 stock options to the CEO of your company. Create journal entries on a spreadsheet
Issues of business strategy and competitive advantage : Apply Porter's Five Forces framework to issues of business strategy and competitive advantage and Understand the extension of A/B testing to Multivariate
What will be baldwin book value : Baldwin's balance sheet has $99,644,000 in equity. If there are no dividends paid what will be Baldwin's book value
Five levels of managerial communications : Discuss : the five levels of managerial communications. How do managerial communication approaches compare?
Has a grandiose sense of self-importance : Has a grandiose sense of self-importance (e.g., exaggerates achievements and talents, expects to be recognized as superior without commensurate achievements).

Reviews

Write a Review

Financial Accounting Questions & Answers

  How many new shares will be issued by xaz

XAZ Limited, What is the theoretical ex-rights price? show your answer to the nearest cent. How many new shares will be issued by XAZ?

  Discuss the main real competitors for reeby sports

Discuss the main real competitors for Reeby Sports and discuss the challanges / trends of this industry (max). What will be the value of the company

  Which the change is treated as

When it is difficult to distinguish between a change in accounting estimate and a change in accounting policy, the change is treated as

  Is change good idea if required return two percent

What if only half of the customers take the offered credit? Justify. The current policy is cash only, and sales per period are 2,000 units at a price

  What is the accounts receivable balance at December

Cash received from customers during the year excluding cash sales 2,000,000. What is the accounts receivable balance at December

  What is effective annual interest rate is client paying

Which calls for monthly payments of $1400 over a 20 year amortization period and term. What is effective annual interest rate is your client paying on the loan?

  Estimate value if will sell the firm in ten year

Thereafter, its cash flows will grow at the inflation rate of 3%. If the applicable interest rate is 8%, estimate its value if you will sell the firm in 10 year

  Compute the labor rate and labor efficiency variances

At the beginning of the year, Shults Company had the following standard cost sheet for one of its plastic products.

  What is the IRR for this project

Question - Your firm is contemplating the purchase of a new $525,000 computer-based order entry system. What is the IRR for this project

  Formulate an lp that can be used to maximize revenue

Sixty pounds of corn and 25 lb of hops are available. Formulate an LP that can be used to maximize revenue. Solve the LP graphically.

  Prepare a formal income statement

Before closing the books for the year ended December 31, 2010, Pitt Corp. prepared the following condensed trial balance:

  Find what the accounts payable should be

In Bonita's December 31, 2020 balance sheet, the accounts payable should be? The balance in Bonita Industries's accounts payable account at December 31, 2020

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd