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What is the net effect of all entries on stockholders equity

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Question - UWM grants 100,000 restricted stock share awards on January 1, 2019. The stock price of common stock on January 1, 2019 is $8. The par value of common stock is $1. UWM requires firms to be employed two years after grant date. Management correctly assumes that 90% of these awards will vest on January 1, 2021. Record the necessary entries over the life of the issuance. What is the net effect of all entries on stockholders' equity?

Reference no: EM132987943

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