Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 07, 2024

Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of the current year. The exercise price is

Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of the current year. The exercise price is $25 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $10.00 per option. What would be the total compensation indicated by these options?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

If {Y (t), t 0} is a Martingale, show that E[Y (t)] = E[Y (0)]

Answered: 1 week ago

Question

★★★★★

Southside Clothiers reported the following items at September 30, 2012 (last years2011amounts also given as needed): Requirement 1. Compute Southsides (a) Acid-test ratio, (b) Days sales in average...

Answered: 1 week ago

Question

★★★★★

What function is used for the parity disks

Answered: 1 week ago

Question

★★★★★

After a long week, you've finally had the chance to look over the data. You've found that the new hire generates $1,000 of additional productivity per week. You also know that the new hire earns...

Answered: 1 week ago

Question

★★★★★

At this stage of the PLC , the brand manager is likely to cut back on advertising a bit and increase sales promotions, though ultimately would, most likely, lower prices: introduction early growth...

Answered: 1 week ago

Question

★★★★★

Over the next seven years a well - to - do relative has promised to give you $ 2 , 2 5 0 every month. The first payment is received one - month from today. Assume the relevant interest rate is equal...

Answered: 1 week ago

Question

★★★★★

According to the announcement, from the Covid hearing in the European parliament, Pfizer stated that the vaccine had never been tested on stopping the transmission of the virus, this removes the...

Answered: 1 week ago

Question

★★★★★

Create a circuit that has 7 input bits IN0 to IN6, that drive one seven segment display in the order indicated below. Find out to which values the 7 input bits need to be set to get the decimal...

Answered: 1 week ago

Question

★★★★★

You know the following concerning a common stock: EPS$3.00 Payout ratio25% P/E10 Annual ROR6% of earnings and div 1) If you want to earn 10% percent, should you buy this stock? 2) What is the maximum...

Answered: 1 week ago

Previous Question Next Question