1. Determine the total compensation cost pertaining to the RSUs. 2. a) Record the award of restricted...

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1. Determine the total compensation cost pertaining to the RSUs.

2. a) Record the award of restricted shares on January 1, 2021.

b) Record compensation expense on December 31, 2021.

3. Suppose Magnetic-Optical expected a 10% forfeiture rate on the RSUs prior to vesting. Determine the total compensation cost.

Related Book For answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Posted Date: Jul 25, 2020 10:42 AM

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1. Determine the total compensation cost pertaining to the RSUs. 2. a) Record the award of restricted...

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Answers 1Total number of shares awarded 8 Million Fair value per share 12 per share To... View the full answer

Financial Accounting Tools for Business Decision Making

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