{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-15T09:13:36-04:00", "answer_date": "2024-06-15 09:13:36", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3071408", "url": "\/study-help\/questions\/on-january-1-2010-barwood-corporation-granted-5000-options-to-3071408", "question_creation_date_js": "2024-06-15T09:13:36-04:00", "question_creation_date": "Jun 15, 2024 09:13 AM", "meta_title": "[Solved] On January 1, 2010, Barwood Corporation g | SolutionInn", "meta_description": "Answer of - On January 1, 2010, Barwood Corporation granted 5,000 options to executives. Each option entitles the holder to purcha | SolutionInn", "meta_keywords": "january,1,2010,barwood,corporation,granted,5,000,options,executives,option,entitles,holder", "question_title_h1": "On January 1, 2010, Barwood Corporation granted 5,000 options to executives. Each option entitles the holder to purchase one share of Barwood's $5 par value", "question_title": "On January 1, 2010, Barwood Corporation granted 5,000 options to executives. Each", "question_title_for_js_snippet": "On January 1, 2010, Barwood Corporation granted 5,000 options to executives Each option entitles the holder to purchase one share of Barwood's $5 par value common stock $50 per share at anytime during the next 5 years The market price of the stock is $65 per share on the date of the grant The period of benefit is 2 years The Black Scholes option pricing model determines total compensation expense to be $150,000 All options were excerised on December 31, 2012 Prepare Barwood's journal entries for January 1, 2010, December 31, 2010, 2011, and 2012, using the fair value method ", "question_description": "

On January 1, 2010, Barwood Corporation granted 5,000 options to executives. Each option entitles the holder to purchase one share of Barwood's $5 par value common stock @ $50 per share at anytime during the next 5 years. The market price of the stock is $65 per share on the date of the grant. The period of benefit is 2 years. The Black - Scholes option pricing model determines total compensation expense to be $150,000. All options were excerised on December 31, 2012. Prepare Barwood's journal entries for January 1, 2010, December 31, 2010, 2011, and 2012, using the fair value method.<\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "1118548639, 9781118800713, 1118338448, 9781118548639, 1118800710, 978-1118338445", "edition": "2nd edition", "authors": "Charles E. Davis, Elizabeth Davis", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/281.jpg", "uri": "\/textbooks\/managerial-accounting-2nd-edition-281", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CT8RFPK3", "uri": "\/textbooks\/the-150-000-000-dollars-breakthrough-unveiling-the-journey-from-1000-to-a-successful-book-venture-in-3-5-years-1st-edition-979-8877136717-268804", "name": "The 150 000 000 Dollars Breakthrough Unveiling The Journey From 1000 To A Successful Book Venture In 3 5 Years", "edition": "1st Edition" }, "question_posted": "2024-06-15 09:13:36", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/mr-darden-sold-his-house-for-165000-he-bought-it", "description": "Mr. Darden sold his house for $165,000. He bought it for $55,000 nine years ago. What is the annual return on his investment? (Convert this problem into a present value yield, by using the table in...", "stars": 3 }, { "url": "\/the-individual-financial-statements-for-gibson-company-and-keller-company", "description": "The individual financial statements for Gibson Company and Keller Company for the year ending December 31, 2011, follow. Gibson acquired a 60 percent interest in Keller on January 1, 2010, in...", "stars": 3 }, { "url": "\/study-help\/business-analytics-data\/consider-a-challenge-you-have-tried-to-solve-at-a-1979795", "description": "Consider a challenge you have tried to solve at a job. Break the problem down into its component parts: how many problems were there in total and how did they relate to each other? Frame these...", "stars": 3 }, { "url": "\/the-following-are-frequently-performed-audit-procedures-for-the-verification", "description": "The following are frequently performed audit procedures for the verification of bonds payable issued in previous years: 1. Analyze the general ledger account for bonds payable, interest expense, and...", "stars": 3 }, { "url": "\/study-help\/questions\/q7-sabir-kamal-and-ahmed-are-partners-of-a-firm-9841241", "description": "Q.7 Sabir, Kamal and Ahmed are partners of a firm (Diamond LLC) that deals in in office equipment supply incorporate and institutions. The business was flourishing well, and profit made was very...", "stars": 3 }, { "url": "\/study-help\/questions\/toyota-company-has-budgeted-sales-revenues-as-follows-credit-sales-9433670", "description": "Toyota Company has budgeted sales revenues as follows: Credit sales January $260,000 February $310,000 March $410,000 April $300,000 Past experience indicates that 69% of the credit sales will be...", "stars": 3 }, { "url": "\/study-help\/questions\/pamrod-manufacturing-acquired-all-the-assets-and-liabilities-of-stafford-1923185", "description": "Pamrod Manufacturing acquired all the assets and liabilities of Stafford Industries on January 1, 20X2, in exchange for 4,000 shares of Pamrod's $20 par value common stock. Balance sheet data for...", "stars": 3 }, { "url": "\/study-help\/questions\/when-grant-attends-company-training-he-tends-to-prefer-taking-4930565", "description": "When Grant attends company training, he tends to prefer taking notes and writing down the steps of the task. Grant's preferences during these training sessions best fit within which of the following...", "stars": 3 }, { "url": "\/study-help\/questions\/the-information-below-is-a-reproduction-from-the-alphabetic-index-5326543", "description": "The information below is a reproduction from the Alphabetic Index. Which of the following terms is a nonessential modifier that will not affect code assignment? Absence (of) (organ or part) (complete...", "stars": 3 }, { "url": "\/study-help\/questions\/financial-accounting-215-journal-entries-and-the-equation-suppose-on-5415879", "description": "Financial Accounting: 2.1.5 Journal Entries and the Equation Suppose on January 1, 2014 Cardullo's purchases a new cash register for the shop and pays $800. ACCOUNTS CASH INVENTORY REVENUE ACCOUNTS...", "stars": 3 }, { "url": "\/study-help\/questions\/the-number-of-tubes-of-toothpaste-purchased-by-a-typical-4924071", "description": "The number of tubes of toothpaste purchased by a typical family is a random variable having a Poisson distribution with an average of 1.8 tubes per month. i. What is the probability that a typical...", "stars": 3 }, { "url": "\/study-help\/questions\/what-specific-philosophies-decisions-policies-or-laws-from-the-past-4531593", "description": "What specific philosophies, decisions, policies or laws from the past influencers (Mann, Rush, Dewey, Thorndike)helped shape education in the world today?", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/1-2-point-round-the-answer-to-the-hundredths-nk-3071407", "next": "\/study-help\/questions\/the-sales-tax-can-be-described-as-a-progressive-tax-3071409" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "On January 1, 2010, Barwood Corporation granted 5,000 options to executives. Each", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/on-january-1-2010-barwood-corporation-granted-5000-options-to-3071408" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }