On January 1, 2021, a company granted 70.000 incentive stock options to executives. Each option provides the right to
purchase one share of the company's $1 par common stock for $8 each. The options become exercisable on January 1,
2023 and expire on December 31, 2025. Each option had a fair value of $2 on grant date. Assume no forfeitures,
On May 2, 2024, when the stock price was $12, executives exercised 60% of the options,
Use the information above to answer the questions below.
What is the balance of the Paid-in Capital - Stock Options account as of December 31, 2021?
kin select
$140,000
$280,000
$70,000
393,333
$46.667
Answers
Answered by
0
Answer:
sorry I didn't know !!!!!!!!!!!!!
Similar questions