Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem
Listed below are transactions dealing with various stock benefit plans of Fortune Corporation during the period of 2018-2020. The market price of Fortune's stock is $45 per share at January 1, 2018. (a) On January 1, 2018, the company issued 10 million common shares to divisional managers under its restricted stock award plan. The shares are subject to forfeiture if employment is terminated within 3 years. (b) On January 1, 2018, the company granted incentive stock options to its senior management, exercisable for 1.5 million common shares. The options must be exercised within five years, but not before January 1, 2020. The exercise price of the stock options is equal to the fiar value of the common stock on the date the options are granted. An option pricing model estimates the fair value of the options to be $4 per option. All recipients are expected to remain employed through the vesting date. (c ) Recorded compansation expense on December 31, 2018. (d) A divisional manager holding 1 million of the restricted shares left the company to become CEO of a competitor on September 15, 2019, before the required service period ended. ( e) Recorded compensation expense on December 31, 2019.
Required: Prepare the journal entries that Fortune Corporation recorded for each of the above transactions.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd