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Bramble Company issues 4,100 shares of restricted stock to its CFO, Dane Yaping, on January 1, 2025. The stock has a fair value of
Bramble Company issues 4,100 shares of restricted stock to its CFO, Dane Yaping, on January 1, 2025. The stock has a fair value of $126,000 on this date. The service period related to this restricted stock is 4 years. Vesting occurs if Yaping stays with the company for 4 years. The par value of the stock is $4. At December 31, 2026, the fair value of the stock is $138,000.
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
6th edition
1305103963, 978-1305548909, 1305548906, 978-1305103962
