XYZ Co. offered an incentive stock option plan to its employees. On January 1, 2022, options were granted for eighty-seven thousand $1 par common shares. The exercise price equals the $3 market price of the common stock on the grant date. The options cannot be exercised before January 1, 2021, and expire December 31, 2026. Each option has a fair value of $1 based on an option pricing model. Which is the correct entry to record compensation expense for the year 2022
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “XYZ Co. offered an incentive stock option plan to its employees. On January 1, 2022, options were granted for eighty-seven thousand $1 par ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » XYZ Co. offered an incentive stock option plan to its employees. On January 1, 2022, options were granted for eighty-seven thousand $1 par common shares. The exercise price equals the $3 market price of the common stock on the grant date.