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QveST [7]
3 years ago
15

Pastner Brands is a calendar-year firm with operations in several countries. As part of its executive compensation plan, at Janu

ary 1, 2021, the company issued 480,000 executive stock options permitting executives to buy 480,000 shares of Pastner stock for $33 per share. One-fourth of the options vest in each of the next four years beginning at December 31, 2021 (graded vesting). Pastner elects to measure the fair value of all options on January 1, 2021, to be $4.80 per option (tranche) using a single weighted-average expected life of the options assumption.
Determine the compensation expense related to the options to be recorded each year 2021-2024 assuming Pastner allocates the compensation cost for each of the four groups (tranches) separately
Business
1 answer:
lesantik [10]3 years ago
7 0

Answer:

Compensation expense of $510,000 will be recorded each year 2021-2024

Explanation:

Stock option gives a right to employee to buy an amount of company stock at a given price in specified time period. It is charged as expense according to the fair value of the stock option every year until exercise-able date.

Compensation expense of $510,000 will be recorded each year 2021-2024

All the working is made in an MS Excel file and answer is made accordingly. Please find it.

Download xlsx
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On January 1, Parson Freight Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannuall
Minchanka [31]

Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

Explanation:

This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.

The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

4 0
3 years ago
Real estate brokers and their salespersons facilitate __________ by promoting the sale/lease of property, providing information
Alex73 [517]

Answer:

The correct answer is Transferability.

Explanation:

The term of transferability indicates the speed with which competitors can mimic the processes on which a company's competitive advantage is based. It also refers to the ease of certain raw materials to be taken from one place to another.

3 0
4 years ago
Should you include personal date on a resume ? explain your answer?​
yan [13]
No, you should not.

Explanation:

It’s illegal for employers to ask for that data.
8 0
2 years ago
Read 2 more answers
Robots
inysia [295]

Based on the PPC given, the points given would represent the following:

  • Point B = Efficient use of resources.
  • Point X = Impossible use of resources.
  • Point A = Underutilized resources.

<h3>What do points on the PPC represent/</h3>

Points on the curve represent the efficient usage of resources because they show that all available resources are being used. Points B, C, and D are therefore all efficient.

Point X is impossible because all points outside of the PPC are not attainable due to a lack of resources. Point A shows that the available resources are not being fully utilized.

Options to describe the points:

  • Efficient use of resources
  • Under utilized resources
  • Economic growth
  • Trade-off
  • Opportunity cost

Find out more on the PPC at brainly.com/question/2617319.

#SPJ1

3 0
2 years ago
When a project team member is not performing, rewards may not prove as effective as a coercive approach that threatens the team
REY [17]

Answer:

True

Explanation:

Workplace coercion is used to alter the belief system and values of an organisation. It creates   unhealthy work environment. In workplace coercion strength and power are used to force employees to increase productivity. It can also include threats. Such tactics are used to get better results from employees.

It  workplace coercion continues for a long time it can demoralise the employees. It is also problematic for the organisation to use its human resources effectively.

Although employees try to adapt and learn the work, coercion can lead to absences.

5 0
4 years ago
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