subject
Business, 06.05.2021 15:50 shybunny7568

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

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:10
You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?
Answers: 1
question
Business, 22.06.2019 02:00
What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 1
question
Business, 22.06.2019 18:00
Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
Answers: 3
question
Business, 22.06.2019 19:30
Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]
Answers: 1
You know the right answer?
On January 1, 2021, Felix Austead Athletic Club (FAAC) granted stock options to key executives exerc...
Questions
question
Mathematics, 28.02.2020 20:08
Questions on the website: 13722367