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Martinez Audlo VIsual Incorporated offers an incentive stock option plan to its reglonal managers. On January 1 , 2 0 2 4 , optlons were
Martinez Audlo VIsual Incorporated offers an incentive stock option plan to its reglonal managers. On January optlons were granted for million $ par common shares. The exercise price is the market price on the grant date $ per share. Options cannot be exercised prior to January and expire December The fair value of the million options, estimated by an appropriate option pricing model, is $ per option. Required: Determine the total compensation cost pertaining to the incentive stock optlon plan. to Prepare the approprlate Journal entrles to record compensation expense on December and Prepare the approprlate journal entry to record the exercise of of the options on March when the market price is $ per share and the entry on December when the remaining options that have vested expire without being exercised. Complete this question by entering your answers in the tabs below. Req Reg to Prepare the appropriate journal entries to record compensation expense on December and Prepare the appropriate joumal entry to recond the exercise of of the options on March when the market price is $ per share and the entry on December when the remaining options that have vested expire without being exercised. Note: If no entry is required for a transactionevent select No pouml entry required in the first account field. Enter your answers in millions ie should be entered as Showilessis Journal entry worksheet Record compensation expense on December Date General Journal Debit Credit
Martinez Audlo VIsual Incorporated offers an incentive stock option plan to its reglonal managers. On January optlons were granted for million $ par common shares.
The exercise price is the market price on the grant date $ per share.
Options cannot be exercised prior to January and expire December
The fair value of the million options, estimated by an appropriate option pricing model, is $ per option.
Required:
Determine the total compensation cost pertaining to the incentive stock optlon plan.
to Prepare the approprlate Journal entrles to record compensation expense on December and Prepare the approprlate journal entry to record the exercise of of the options on March when the market price is $ per share and the entry on December when the remaining options that have vested expire without being exercised.
Complete this question by entering your answers in the tabs below.
Req Reg to
Prepare the appropriate journal entries to record compensation expense on December and Prepare the appropriate joumal entry to recond the exercise of of the options on March when the market price is $ per share and the entry on December when the remaining options that have vested expire without being exercised.
Note: If no entry is required for a transactionevent select No pouml entry required in the first account field. Enter your answers in millions ie should be entered as
Showilessis
Journal entry worksheet
Record compensation expense on December
Date
General Journal
Debit
Credit
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