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need answer to part 2 Award: 0.50 points Friend Connection Inc. included the following disclosure note in an annual report Share-Based Compensation (in part) compensation
need answer to part 2
Award: 0.50 points Friend Connection Inc. included the following disclosure note in an annual report Share-Based Compensation (in part) compensation expense related to these grants is based on the grant date fair value of the and is recognized on a straight-line basis over the applicable service period us The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2015 Number of Shares in thousands Weighted Average Grant Date Fair Value 21.72 34.00 17.30 25.65 S 29.00 Unvested at December 31, 2014 55,059 (49,250) (16,567) 105,686 e* Granted Vested Forfeited Unvested at December 31. 2015 Required 1. Assuming a four-year vesting period, how much compensation expense did Friend Connection report in the year ended December 31, 2016, for the restricted stock units granted during the year ended December 31, 2015? 2. Based on the information provided in the disclosure note, prepare the journal entry that summarizes the vesting of RSUs during the year ended December 31, 2015. (Friend Connection's corm mon shares have a par amount per share of $0.000006. he Bvesed on the miorovdde etnits geu twStep by Step Solution
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