On January 1, 2019, the QRS Company granted 80,000 stock options to certain executives. The options are
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On January 1, 2019, the QRS Company granted 80,000 stock options to certain executives. The options are exercisable beginning December 31, 2022 and expire on January 1, 2026. Each option may be exercised to purchase one $1 share at par with $5 common shares. The fair value of each option was estimated at $3 on the grant date.
What amount should QRS recognise as compensation expense for 2020?
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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