Business, 05.05.2020 23:33 nooooooooooooooo412

On January 1, 2021, Felix Austead Athletic Club (FAAC) granted stock options to key executives exercisable for 513,000 shares of the company's common stock at $19 per share. The stock options are intended as compensation for the next four years. The options are exercisable within a four-year period beginning January 1, 2025, by the executives still in the employ of the company. No options were terminated during 2021, but the company anticipates 4% forfeitures over the life of the stock options. The market price of the common stock was $19 per share at the date of the grant. FAAC estimated the fair value of the options at $5 each. 2% of the options are forfeited during 2022 due to executive turnover. What amount should FAAC record as compensation expense for the year ended December 31, 2022, assuming FAAC chooses the option not to estimate forfeitures

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 17:00

While information systems can be used to gain a strategic advantage, they have inherent risks. hershey foods, for example, crippled its halloween sales when its complex is system failed to support its supply and inventory needs during peak production season. this is an example of which specific is risk

Answers: 3

Answer

Business, 22.06.2019 17:30

Four students are at an extracurricular activity fair at their high school and are trying to decide which clubs to join. some information about the students is listed in this chart: which describes which ctso each student should join?

Answers: 1

Answer

Business, 22.06.2019 21:20

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.

Answers: 3

Answer

Business, 22.06.2019 22:00

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."

Answers: 1

Answer

You know the right answer?

On January 1, 2021, Felix Austead Athletic Club (FAAC) granted stock options to key executives exerc...

Questions