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Business, 07.10.2020 22:01 izzygewin47821

On January 2, 20X1, Utta Corp. (a calendar-year company) grants 10,000 stock options with a 3-year vesting period to employees. On the grant date, the market price of the $1 par value stock is equal to the exercise price of $20 per share. On the date of grant, the estimated value of the options is $6 per option. During 20X4, when the market value of the stock is $30 per share, 9,000 stock options were exercised. Utta Corp. should recognize this event by debiting

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On January 2, 20X1, Utta Corp. (a calendar-year company) grants 10,000 stock options with a 3-year v...
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