Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 28 Jul 2017 My Price 3.00

Accounting for stock options.

17.   Accounting for stock options. Intelliant granted stock options to employees on January 1, 2013, permitting them to purchase 24.6 million shares of Intelliant common stock for

$22.63 per share. An option-pricing model indicates that the value of each option on this date is $5.79. Intelliant expects to receive the benefit of enhanced employee services for the next three years. On December 31, 2016, employees exercise these options when the market price of the stock is $40 per share. Compute the pre-tax effect of this option plan on the net income of  Intelliant for 2013 through 2017.

 

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Maurice Tutor
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Status NEW Posted 28 Jul 2017 10:07 PM My Price 3.00

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