Question
TNT CORP HAS THE FOLLOWING STOCK OPTION INFORMATION: OPTIONS GRANTED GRANT DATE PAR VALUE/UNIT EXERCISE PRICE VESTING DATE EXPIRATION DATE FV/UNIT OPTION OPTIONS EXERCISED
TNT CORP HAS THE FOLLOWING STOCK OPTION INFORMATION: OPTIONS GRANTED GRANT DATE PAR VALUE/UNIT EXERCISE PRICE VESTING DATE EXPIRATION DATE FV/UNIT OPTION OPTIONS EXERCISED EXERCISE DATE MARKET PRICE 8,000,000 1/1/2018 1 21 12/31/2021 12/31/2026 4.55 4,210,000 7/11/2024 36.5 REQUIRED: WHAT IS THE DEBIT TO COMPENSATION EXPENSE RECORDED IN 2019? REQUIRED: WHAT IS THE CREDIT TO APIC RECORDED AT THE DATE OF EXERCISE IN 2024?
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
