User Account

All Pages

Prepare Crane journal entries for January

Assignment Help Accounting Basics
Reference no: EM133014273

Question - On January 1, 2020, Crane Corporation granted 6,300 options to executives. Each option entitles the holder to purchase one share of Crane's common shares at $30 per share at any time after January 1, 2022. The shares' market price is $46 per share on the date of grant, and the required service period is two years.

Prepare Crane's journal entries for January 1, 2020, and December 31, 2020 and 2021. Assume that the options' fair value as calculated using an options pricing model is $116,000. Ignore forfeitures for simplification purposes.

Reference no: EM133014273

Questions Cloud

What is the price of the bond : Question - A bond has a maturity of 2 years and pays a coupon of 4%. The YTM is 2.25%. What is the price of the bond
Set up a schedule of interest expense : Sunland Company sells 10% bonds having a maturity value of $2,120,000 for $1,967,165. Set up a schedule of interest expense
What is the expected return on RKP : The risk-free rate of return is currently 0.03, whereas the market risk premium is 0.07. If the beta of RKP, Inc., stock is 1.9, then what is expected return
What is the dollar amount of income : The real estate is now worth $102,800. If London needs to have a total return of 0.24 during the year, then what is the dollar amount of income
Prepare Crane journal entries for January : The shares' market price is $46 per share on the date of grant, Prepare Crane's journal entries for January 1, 2020, and December 31, 2020 and 2021
Application and skill development : Leadership: Theory, Application, & Skill Development (6th Edition) is required and also external reference can be given in APA style.
Explain the models of corporate social responsibility : Explain the link between organizational ethics, individual ethics, and corporate culture. Explain the models of corporate social responsibility
What is the sustainable growth rate : Question - Fleur International had a 3% profit margin and a 35% dividend payout ratio. What is the sustainable growth rate
Calculate the tax payable by Aurelia and Dianna : Calculate the tax payable by Aurelia and Dianna in the event they were each to receive a lump sum superannuation death benefit of $110,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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