BigTech, Inc. included the following disclosure note in an annual report: Share-Based Compensation (in part) ......
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BigTech, Inc. included the following disclosure note in an annual report: Share-Based Compensation (in part) ... compensation expense related to these grants is based on the grant date fair value of the RSUS and is recognized on a straight-line basis over the applicable service period. The following table summarizes the activities for our unvested RSUS for the year ended December 31, 2017: Number of Weighted Average Shares Grant Date Fair (in thousands) 115,244 54,462 (48,650) (15,967) Value Unvested at December 31, 2016 $ 21.60 Granted 32.61 Vested 17.18 Forfeited 25.53 Unvested at December 31, 2017 105,089 $ 28.40 Required: 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) Compensation expense wwwww * million Required 1 Required 2 Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Show less A View transaction list Record the entry that summarizes the vesting of RSUS during the year ended December 31, 2017. r ended BigTech, Inc. included the following disclosure note in an annual report: Share-Based Compensation (in part) ... compensation expense related to these grants is based on the grant date fair value of the RSUS and is recognized on a straight-line basis over the applicable service period. The following table summarizes the activities for our unvested RSUS for the year ended December 31, 2017: Number of Weighted Average Shares Grant Date Fair (in thousands) 115,244 54,462 (48,650) (15,967) Value Unvested at December 31, 2016 $ 21.60 Granted 32.61 Vested 17.18 Forfeited 25.53 Unvested at December 31, 2017 105,089 $ 28.40 Required: 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) Compensation expense wwwww * million Required 1 Required 2 Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUS during the year ended December 31, 2017. (BigTech's common shares have a par amount per share of $0.000006.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Show less A View transaction list Record the entry that summarizes the vesting of RSUS during the year ended December 31, 2017. r ended
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Related Book For
Intermediate Accounting
ISBN: 978-1259548185
8th edition
Authors: David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Posted Date:
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