Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017: Unvested at December 31, 2016 Granted Number

image text in transcribed

The following table summarizes the activities for our unvested RSUs for the year ended December 31, 2017: Unvested at December 31, 2016 Granted Number of Shares (in thousands) Weighted Average Grant Date Fair Value 117,044 $21.78 55,347 34.69 (49,550) 17.36 Forfeited (16,867) 25.71 Unvested at December 31, 2017 105,974 $29.30 Vested Required: 1. Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? 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, 2017. (BigTech's common shares have a par amount per share of $0.000006.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming a four-year vesting period, how much compensation expense did BigTech report in the year ended December 31, 2018, for the restricted stock units granted during the year ended December 31, 2017? (Enter your answer in millions rounded to nearest whole number. (i.e., 10,000,000 should be entered as 10).) Compensation expense million Required Required 2 >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

International Financial Reporting and Analysis

Authors: David Alexander, Anne Britton, Ann Jorissen

5th edition

978-1408032282, 1408032287, 978-1408075012

More Books

Students also viewed these Accounting questions