题目
题目

Test:Midterm 2 Problems

单项选择题

Part 1On January​ 1, Year​ 1, Sweeney Company granted an employee options to purchase 100 shares of​ Sweeney's common stock at​ $40 per share. The options became exercisable on December​ 31, Year​ 1, after the employee had completed 1 year of service and were exercised on that date. Market prices of the stock and fair values of the options were as​ follows:[table] | Market Price of Stock | Fair Value of Options January​ 1, Year 1 | ​$50 | ​$61 December​ 31, Year 1 | ​$65 | ​$75 [/table]What amount should Sweeney recognize as compensation cost for Year​ 1? Part 1 A. ​$2,100 B. ​$4,000 C. ​$6,100 D. ​$0

选项
A.A. ​ $2,100
B.B. ​ $4,000
C.C. ​ $6,100
D.D. ​ $0
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思路分析
The problem asks for the compensation cost Sweeney should recognize for Year 1 related to a stock option grant that vests after one year of service. First, identify the key elements: there are 100 options granted, with a grant date fair value of 61 per option, and the vesting occurs after 1 year (December 31, Year 1). The compensation cost for......Login to view full explanation

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