Kmart Holding Co. included the following disclosure note in an annual report: Required: 1. Based on the

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Kmart Holding Co. included the following disclosure note in an annual report:

Required:

1. Based on the information provided in the disclosure note, determine the weighted average market price of the restricted stock issued.

2. How much compensation expense did Kmart report for the year following the year in which the restricted stock was issued?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jul 11, 2013 03:44 AM

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Kmart Holding Co. included the following disclosure note in an annual report: Required: 1. Based on the

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Requirement 1 3000000 111540 shares 2690 Requirement 2 The 3000000 total compensation is expensed ...View the full answer

Intermediate Accounting

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