User Account

All Pages

How much compensation expense will be recognized

Assignment Help Accounting Basics
Reference no: EM132546922

Question - JFK Corporation has 10 executives to whom it grants compensatory stock options on January 1, 2007. At that time, it grants each executive the right to purchase 1,000 shares of its $1 par value common stock at $12/share after a 4-year service period.

The value of each option is estimated to be $2.45 on the grant date. Based on its average employee turnover rate each year, JFK expects that a total of 1 executive will NOT vest in the plan.

If JFK does not change its assumptions, how much compensation expense will be recognized during 2009?

A. $5,513

B. $16,539

C. $22,050

D. $30,000

E. $90,000

Reference no: EM132546922

Questions Cloud

Determine the balance of their mortgage at the end : On the second and third anniversary of their mortgage, they make a $25,000 extra payment without penalty. Determine the balance of their mortgage
How much will Washington record in Common Stock account : If preferred shareholders convert 200 shares of preferred stock into common stock, how much will Washington, Inc. record in the Common Stock account
How can logistics processes be improved in your organization : How can the logistics processes be improved in your organization? What, if anything, have you learned in this course that might help that improvement effort?
The value of integrating cross-disciplinary curriculum : What is the value of integrating a cross-disciplinary curriculum for early childhood students? Support your statements with scholarly-based research
How much compensation expense will be recognized : If JFK does not change its assumptions, how much compensation expense will be recognized during 2009
How can reason and utility apply to modern society : How can reason and utility apply to modern society? Does equality of opportunity still exist? Give an example to support your position on both questions.
What factors would convince you to take on an hr career : You are ready to wrap up this course en route to future completion of your HRM program here at Strayer University. As your final discussion topic for the course
Prepare a bank reconciliation as of May : On May 31, 20X5 the Cash account of Perkins Supply Company had a balance of $43,820. Prepare a bank reconciliation as of May
Face criticism in terms of ethical issues : Jeff Bezos is not the only technology giant to face criticism in terms of ethical issues involved with his business.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find and share a peer-reviewed publication dated no later

Find and share a peer-reviewed publication dated no later than January 1, 2018 regarding lease accounting. Provide complete reference list information

  Calculating breakeven point for two products

How many of each type of scooter must Speedy's Scooters sell each month to break even and calculating breakeven point for two products

  The varone company makes a single product called a hom the

the varone company makes a single product called a hom. the company has the capacity to produce 40000 homs per year.

  Would it be correct to say that business incurred a net loss

The income statement of a corporation for the month of November indicates a net income of $200,000. Would it be correct to say that the business incurred a net loss of $25,000 during the month? Why?

  How much of the correspondence cost will be assigned

Potter & Weasley Company had the following activities, estimated indirect activity costs, How much of the correspondence cost will be assigned to Department P

  What are the warranty expense balances

James Equipment Company sells computers for $1,500 each, Under the cash basis method, what are the Warranty Expense balances for 2006 and 2007

  Activty-based costing kaysi hoffmanthe manager of wilwater

activty-based costing. kaysi hoffmanthe manager of wilwater adventurers uses activity-based costing to compute the

  Emmette corporation uses an activity-based costing system

emmette corporation uses an activity-based costing system with three activity cost pools. the company has provided the

  Compute the estimated gross profit

Using the percentage-of-completion method, compute the estimated gross profit that would be recognized during each year of the construction period

  How much goodwill should be recognized

In this transaction (which is not a pooling of interests), how much goodwill should be recognized

  The honey can be sold in raw form for 300 a pound however

the heather honey company purchases honeycombs from beekeepers for 2.00 a pound. the company produces two main products

  Which two ratios do you think should be of greatest interest

Which two ratios do you think should be of greatest interest in each of the following cases?(a) A pension fund considering the purchase of 20-year bonds.(b) A bank contemplating a short-term loan.(c) A common stockholder.

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