20&21
1 point On January 1, 2020, Owl Co. granted employee options to purchase 7,500 common shares at $200 per share. The options are exercisable on January 1, 2022, after employees completing 2 years of service. Fair values of the options and market prices of the stock were Assuming no forfeitures, what amount should Owl recognize as compensation expense for 2020? $768,750 $262,500 $281,250 $525,000 $750,000 On January 1, 2017, Cable Corporation issues 11,500 stock-appreciation rights to its key executives. The terms of the plan state that the holders of the rights will receive a cash payment equal to the difference between the market price of the stock on the date of exercise and the pre-established price of $9 per share. There is a three-year vesting period and the rights may be exercised on January 1, 2020. The rights expire on January 1, 2022. The closing market prices follow: What is the appropriate journal entry on December 31, 2017? (Do not round any intermediate calculations. Round your final answer to the nearest dollar.) 1 point On January 1, 2020, Owl Co. granted employee options to purchase 7,500 common shares at $200 per share. The options are exercisable on January 1, 2022, after employees completing 2 years of service. Fair values of the options and market prices of the stock were Assuming no forfeitures, what amount should Owl recognize as compensation expense for 2020? $768,750 $262,500 $281,250 $525,000 $750,000 On January 1, 2017, Cable Corporation issues 11,500 stock-appreciation rights to its key executives. The terms of the plan state that the holders of the rights will receive a cash payment equal to the difference between the market price of the stock on the date of exercise and the pre-established price of $9 per share. There is a three-year vesting period and the rights may be exercised on January 1, 2020. The rights expire on January 1, 2022. The closing market prices follow: What is the appropriate journal entry on December 31, 2017? (Do not round any intermediate calculations. Round your final answer to the nearest dollar.)