On January 1, 2016, M Company granted 90,000

On January 1, 2016, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than December 31, 2018, and expire on January 1, 2022. Each option can be exercised to acquire one share of $1 par common stock for $12. An option-pricing model estimates the fair value of the options to be $5 on the date of grant.What amount should M recognize as compensation expense for 2016?$30,000.$60,000.$120,000.$150,000.

The post On January 1, 2016, M Company granted 90,000 appeared first on Homeworkacetutors.



CLICK HERE TO ORDER THIS PAPER………………………NO PLAGIARISM Get 100% Original papers from the writing experts Logo     CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS……

Comments

Popular posts from this blog

Create Thread”. Do not create a new forum.

Discuss the notion that firms should stop doing business with customers who constantly generate losses versus the notion that the customer is always right.

Access AHIMA: What is Health Information