P16 3 stock option plan

By: kms Date: 23.06.2017

On January 2,, options to purchase 28, shares were granted to president Tom Winter - 15, for service rendered in and 13, for services to be rendered in Also on that date ,options to purchase 14, shares were granted to vice president Michelle Bennett - 7, for service to be rendered in and 7, for services to be rendered in In , neither the president nor the vice president exercised their options because the market price or the stock was below the exercise price.

Prepare the necessary journal entries in when the stock -option plan was adopted , in when options were granted , in when options lapsed, and in when options were exercised.

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Business Finance Derivatives Options P Stock - Option Plan Berg Company journal entries Add Remove. The computations are given and entries recorded for the three years. Add Solution to Cart Remove from Cart.

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Accounting and Finance Homework help: P Berg Company adopted a stock-option plan on November 30, , that provided that 70, shares of $

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p16 3 stock option plan

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