Business, 07.05.2021 17:30 aubreyfoster

On January 1, 2021, Marguerite DeVille Co. granted restricted stock units (RSUs) representing 345,000 of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $10 per share on the grant date. At the date of grant, DeVille anticipated that 3% of the recipients would leave the firm prior to vesting. In 2022, 2% of the options are forfeited due to executive turnover. DeVille chooses the option not to estimate forfeitures. What amount should DeVille record as compensation expense for the year ended December 31, 2022, assuming DeVille chooses the option not to estimate forfeitures

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 12:50, axelsanchez7710

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

Answers: 3

continue

Business, 22.06.2019 17:30, nikki8240

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

Answers: 2

continue

Business, 22.06.2019 19:00, 3peak101

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is

Answers: 2

continue

Business, 22.06.2019 22:30, namdh6086

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?

Answers: 2

continue

You know the right answer?

On January 1, 2021, Marguerite DeVille Co. granted restricted stock units (RSUs) representing 345,00...