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On January 1, 2016, Adams-Meneke Corporation granted 60 million incentive stock options to division price of the shares on the date of grant, currently $38
On January 1, 2016, Adams-Meneke Corporation granted 60 million incentive stock options to division price of the shares on the date of grant, currently $38 per share. The fair value of the options, estimated by an appropriate option pricing model, is $6 per option Required 1. Determine the total compensation cost pertaining to the options on January 1, 2016. (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Total compensation cost million
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