What is the compensation expense

Assignment Help Financial Accounting
Reference no: EM132943241

Question - Green Company is a calendar-year U.S. firm with operations in several countries. At January 1, 2021, the company had issued 41,100 executive stock options permitting executives to buy 41,100 shares of stock for $27. The vesting schedule is 20% the first year, 30% the second year, and 50% the third year (graded-vesting). The fair value of the options is estimated as follows:

Vesting Date Amount Vesting Fair Value per Option

Dec. 31, 2021 20% $9

Dec. 31, 2022 30% $10

Dec. 31, 2023 50% $14

Assuming Green uses the straight-line method, what is the compensation expense related to the options to be recorded in 2022?

Reference no: EM132943241

Questions Cloud

Find an article that discusses on an organization accounting : Go to at least two other colleagues' posts that present the other type of basic accounting method and share the difference between the methods.
How do the three elements of globalization : How do the three elements of globalization, innovation, and sustainability impact your understanding of strategy
By what amount will Fink paid-in capital-excess : Fink's stock has a book value of $300 per share. By what amount will Fink's paid-in capital-excess of par increase for this transaction
Create a comparative frequency polygon : Convert and create a comparative frequency polygon (Line graph) and Create a pictograph
What is the compensation expense : Assuming Green uses the straight-line method, what is the compensation expense related to the options to be recorded in 2022
What would be accounts receivable balance t the end of may : Assume that Sequoia's collection period is 60 days. What would be its cash receipts in May? What would be its accounts receivable balance
Find how much of deferred revenue be reported in may : The total franchise fees agreed upon is $11,900,000, How much of the deferred revenue should be reported in the May 1, 2010 financial statements of JFC Inc.?
How much of net income should recognized for main corp inc : Main Corporation, Inc. started work, Estimated cost to complete $2,720,000. How much of net income or loss should have been recognized in 2009?
How much of contract was recognized last year for inc : How much of this contract was recognized last year? It has consistently used the percentage of completion method of recognizing income.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compare cargills financial situation with the benchmark

Financial analysis is a snapshot of a firm's health. You will answer the following questions about Cargill, Inc. Identify industry leaders/competitors Cargill uses as benchmarks. Compare Cargill's financial situation with the benchmark.

  Find related articles on google

You'll need a sense of Google's product strategy and to think of how it is or is not similar to the R P Sherer product history. Find related articles on google

  Flexible-budget and production-volume

A company uses a two-variance analysis for overhead variances, flexible-budget and production-volume. The production-volume variance is the difference between the factory overhead applied at standard and:

  Types of pasta to grocery chains as private label brands

Pastina Company manufactures and sells various types of pasta to grocery chains as private label brands. The company’s fiscal year-end is December 31. The unadjusted trial balance as of December 31, 2013, appears below.  Prepare the necessary Decembe..

  What will be the required return on million portfolios

You are working , If you invest the money in a stock with a beta of 0.75, what will be the required return on your Rs. 5.5 million portfolios?

  Prepare a retained earnings statement for the fiscal year

Prepare a retained earnings statement for the fiscal year ended October 31, 2008.

  What is the expected return of portfolio

What is the expected return of your portfolio if Jacob, Bella, and Edward have expected returns of 0.02, 0.15, and 0.15, respectfully?

  Prepare a statement of cash flows

Prepare a Statement of Cash Flows in good form using the above information and the indirect method. Prepare the Net Cash Provided by Operating Activities section, using the above information, using the direct method.

  Explain types of reserves in statement of financial position

Explain the two types of reserves in a statement of financial position. Ver Ltd acquired a company in 2017 and noted goodwill of £10 million.

  The polarization of contemporary markets refers

The polarization of contemporary markets refers to

  Prepare the journal entry for the transactions

Craig's purchased $1,500 in insurance for coverage from July 1 to October 1. Craig's paid $3,500 to employees for work in July. Prepare the journal entry

  Provide the journal entry for employee termination payments

Provide the journal entry for the 2004 restructuring charge. Provide the journal entry for the employee termination benefit payments in 2004.

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!

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