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0.On January 1, 2018, Cola Company granted 90,000 stock options to certain execut The options are exercisable no sooner than December 31, 2020, and expire
0.On January 1, 2018, Cola Company granted 90,000 stock options to certain execut The options are exercisable no sooner than December 31, 2020, and expire on January 1 2024. Each option can exercised to acquire one share of SI par common stock for $12. An option-pricing model estimates the fair value of the options to be $5 on the date of grant. If unexpected turnover in 2019, caused the company to estimate that 10% of the options would, forfeited what amount should M recognize as compensation expense for 2019? A) $30,000. B) $60,000. C) $120,000. D) $150,000
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