If the options have a vesting period of 5 years what would, Ask an Expert

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Doe co. granted options for one million shares of its $1 par common stock at the beginning of the current year. The exercise price is $34 per share, which was also the market value of the stock on the grant date. The fair value of the options was estimated at $7 per option. If the options have a vesting period of 5 years, what would be the balance in "paid-in capital-stock options" three years after the grant date? credit or debit of what amount?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M960010

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