Wilier Corp. granted 1,000 options to its top executives on January 1, year 1. The options vest
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Question:
Wilier Corp. granted 1,000 options to its top executives on January 1, year 1. The options vest in 5 years and expire in 10 years. On the grant date, the options had a fair value of $5 each, and the stock price of Wilier was trading at $35. The options' exercise price was $36. How much compensation expense should Wilier recognize related to these executive stock options for the year ended December 31, year 1?
A. $35,000
B. $1,000
C. $5,000
D. $0
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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