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Business, 03.07.2019 03:20 rileyeddins1010

Weaver industries implements a new share-based compensation plan in 2011. under the plan, the company's ceo and cfo each will receive non-qualified stock options to purchase 100,000, no par shares. the options vest ratably (1/3 of the options each year) over three years, expire in 10 years, and have an exercise (strike) price of $23 per share. weaver uses the black-scholes model to estimate a fair-value per option of $15. (a) use the financial statement effects template to record the compensation expense related to these options for each year 2011 through 2013. use negative signs with answers, when appropriate.

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