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QUESTIONS 2 points Save the The Cansier Corporation provides an executive stock option plan. Under the plan, the company granted options on July 1, 2015
QUESTIONS 2 points Save the The Cansier Corporation provides an executive stock option plan. Under the plan, the company granted options on July 1, 2015 that permite coves to acquire 15 million of the companys 53 par value common shares within the next years, but not prior to June 30, 2018 (the vesting date). The extra price is the market price of the shares on the date of the grant, si per share. The fair value of the options, estimated by an approprio model 59.50 per option On September 15, 2019, 10 million options are crised to purchase 10 milion thares. Prepare the necessary entry to record is transaction Your answer should be in the form of a typical journal entry, Live the debts and then the credits and order the count sanat by price writer. Heto sure to write Dr, er before each account name) For the toolbar, Des ALTF10(POALTANATOM) BIS Paragraph M 16px BAIXO 5 F3 o XX, EHF 039 GB 0) 2 points The Candle Corporation provides an executive stock option plan. Under the plan the company granted options on July 1, 2015, that permit executives to acquire 15 million of the company's 53 pat value common shares within the next years, but not prior to June 30, 2018 (the wsing dates. The exercise price is the market price of the shares on the date of the grant. $12 per share. The fair value of the options estimated by an appropriate model is 5950 per option On September 15, 2019. 10 million options are excited to purchase 10 million shares. Prepare the necessary journal entry to record this transaction (Your answer should be in the form of a typical journal entry. List the debits and then the credits and order the account names by alphabetical order. Make sure to write Dr. or Dr. Before each account nome) For the toolbar. Des ALT:10 (PO ALTAFFO (Mad BI VS Paragraph Arial pe A2I XOQ 6 1 39 E B 0) v + O WORDS POWERED IY TINY
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