User Account

All Pages

Record the journal entries associated with the transacations

Assignment Help Accounting Basics
Reference no: EM132479783

Question - On January 1, 2018, Concord Property Management Inc. introduced a stock-based compensation plan for its senior executives. The company has a December 31, 2018 year-end and the following events occurred:

January 1, 2018 - The company issued 345,000 options to senior management executives for the purchase of shares at $9 / share. The fair value of the options using an options pricing model is $2,415,000. Options vest over a three-year period and it is estimated that 90% of the options will vest. At the end of 2021, any unexercised options will expire.

December 31, 2018 - Management now estimates that 85% of the options will vest.

December 31, 2019 - Management now estimates that 80% of the options will vest.

January 1, 2021 - 115,000 options are exercised when the market price is $14 / share.

Required - Record the journal entries associated with the above transactions including any necessary entry at December 31, 2021.

Reference no: EM132479783

Questions Cloud

Analyse the company share price history : Calculate the return for investing in the company both short term and long term and identify the main causes of its volatility in return over the corresponding
What happens to supply-price and quantity : What happens to supply, price, and quantity when the government imposes a tax on imports of foreign cars?
Determine the dollar value of cash provided : Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to determine the dollar value of cash provided
What is net cash received over life of the bond investment : The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment
Record the journal entries associated with the transacations : December 31, 2018 - Management now estimates that 85% of the options will vest. Record the journal entries associated with the transacations
Calculate earnings per share for the year ended december : Calculate earnings per share for the year ended December 31, 2021. Saha Company had profit of $ 1,020,000 for the year ended December 31, 2021.
How many alternators and generators should altgen produce : How many alternators and generators should AltGen produce itself, and what number of these products should it purchase from GenAdd in order to fill the customer
How much loss that Hugh may deduct : Both Activity X and Activity Y are passive activities to Hugh. Hugh purchased Activity X in 1987 and Activity Y in 1993. How much loss that Hugh may deduct
Problem - Change in Capital Structure : Problem - Change in Capital Structure. What are BEA's new beta after releveraging and cost of equity if it has 50% debt? What is the current WACC

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