Common stock at the beginning of the current year


Doe corp. granted options for one million shares of $1 par common stock at the beginning of the current year. The exercise price is $30 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $6 per option. What would be the total compensation indicated by these options.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Common stock at the beginning of the current year
Reference No:- TGS060194

Expected delivery within 24 Hours