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olchik [2.2K]
3 years ago
5

On January 1, 2021, Adams-Meneke Corporation granted 25 million incentive stock options to division managers, each permitting ho

lders to purchase one share of the company’s $1 par common shares within the next six years, but not before December 31, 2023 (the vesting date). The exercise price is the market price of the shares on the date of grant, currently $10 per share. The fair value of the options, estimated by an appropriate option pricing model, is $3 per option. Management’s policy is to estimate forfeitures. No forfeitures are anticipated. Ignore taxes. Required: 1. Determine the total compensation cost pertaining to the options on January 1, 2021. 2. Prepare the appropriate journal entry to record compensation expense on December 31, 2021. 3. Unexpected turnover during 2022 caused an estimate of the forfeiture of 6% of the stock options. Prepare the appropriate journal entry(s) on December 31, 2022 and 2023 in response to the new estimate.

Business
1 answer:
Olegator [25]3 years ago
6 0

Answer:

Required Solution

Explanation:

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Which of the following is NOT one of the three big categories for periodic evaluations:
Lilit [14]

The category that does not belong to the periodic evaluation is Change Analysis.

Option D is the correct answer.

<h3>What is a periodic evaluation?</h3>

Periodic evaluation is a technique that is totally developmental in nature and disregards the formal advice relating to tenure, retention, or promotion of employees.

Periodic evaluation has three broad categories namely, hazard analysis, safety, and health-related inspections, and evaluation relating to personal protective equipment (PPE).

Therefore, out of the provided options, Change analysis is not considered a category for periodic evaluation.

Learn more about the periodic evaluation. in the related link;

brainly.com/question/17095233

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4 0
2 years ago
The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo
Black_prince [1.1K]

Answer:

the  standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price  × (Actual quantity - Standard quantity)

-$5,000 = Standard price  × (10,000 - 10,800)    

Thereore Standard price = -$5,000 ÷ (-800)  

= $6.25    

Hence, the  standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

5 0
3 years ago
Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as
drek231 [11]

Answer:

d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.

Explanation:

Liability is the degree to which a person is responsible for injury that happens to another party in a lawsuit. Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and "Clean as a Whistle Co." as cleaners.

Peter will be least liable if Emralda from "Clean as a Whistle Co." runs over Patty I'm the dealership's parking lot.

This is because Peter hired the company as a seperate entity from the cleaning company employees. The conduct of employees from the cleaning company is responsibility of "Clean as a Whistle Co."

8 0
3 years ago
A(n) _____ is in control of an agency relationship because he or she defines the tasks and objectives of the relationship./pract
NARA [144]

Answer:

Principal

Explanation:

The principal has the right to abolish the relation or set the objectives of the agent and allocation of task and authority delagated to the agent. This control is given to principal by law to protect his interests.

8 0
3 years ago
Which payment method typically charges the highest interest rates
Wittaler [7]
<span><span>What payment method typically charges the highest interest rates?

pay day loans</span></span>
6 0
3 years ago
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