INTERMEDIATE ACCOUNTING ACCESS
10th Edition
ISBN: 9781264093724
Author: SPICELAND
Publisher: INTER MCG
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Chapter 19, Problem 19.2BE
To determine
Restricted stock: These are the share-based awards provided as compensation plans provided as incentives to the employees which include right to receive the shares and are restricted to employees’ extended tenure. The two variants of restricted stock are restricted stock awards, and restricted stock units.
Restricted stock units (RSUs): RSU is a right of the employee to receive a certain number of shares of stock of the company as a performance incentive, or usual compensation, or signing bonus.
To determine: The compensation cost of RSUs, and mention the effect of granted shares on the earnings
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Students have asked these similar questions
39. D On January 1, 2019, Caraga Company purchased equity securities to be held as financial
assets measured at fair value through other comprehensive income.
Market – 12/31/19
3,200,000
3,500,000
4,600,000
Market 12/31/2020
Security R
Security S
Security T
Cost
3,000,000
4,000,000
5,000,000
3,700,000
4,700,000
On January 31, 2020, the entity sold Security R for P3,500,000.
What amount should be recognized directly in retained earnings of as a result of the sale of
investment in 2020?
a. 500,000
b. 300,000
c. 200,000
d. 0
Compensation expense answer
Year 1 = 645,000
Year 2 = 810,000
Year 3 = 1,221,000
PROVIDE COMPUTATIONS
8. The year in which the share options vested to the entity’s employeesa. Year 1 c. Year 3b. Year 2 d. The option did not vest9. Share options outstanding at the end of year 2a. P822,000 c. P645,000b. P810,000 d. P430,000
Che
Exercise 19-22 (Static) EPS; restricted stock (LO19-11]
As part of its executive compensation plan, Vertovec Inc. granted 54,000 of its no-par common shares to executives, subject to
forfelture if employment is terminated within three years. Vertovec's common shares have a market price of $5 per share on January 1,
2020, the grant date of the restricted stock award, as well as on December 31, 2021. 800,000 shares were outstanding at January 1,
2021. Net income for 2021 was $120,000.
Required:
Compute Vertovec's basic and diluted earnings per share for the year ended December 31, 2021. (Enter your answers In thousands.)
Numerator
Denominator
Earnings per Share
Basic
Diluted
排
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Chapter 19 Solutions
INTERMEDIATE ACCOUNTING ACCESS
Ch. 19 - Prob. 19.1QCh. 19 - Prob. 19.2QCh. 19 - The Tax Code differentiates between qualified...Ch. 19 - Stock option (and other share-based) plans often...Ch. 19 - What is a simple capital structure? How is EPS...Ch. 19 - Prob. 19.6QCh. 19 - Blake Distributors had 100,000 common shares...Ch. 19 - Why are preferred dividends deducted from net...Ch. 19 - Prob. 19.9QCh. 19 - The treasury stock method is used to incorporate...
Ch. 19 - The potentially dilutive effect of convertible...Ch. 19 - How is the potentially dilutive effect of...Ch. 19 - Prob. 19.13QCh. 19 - If stock options and restricted stock are...Ch. 19 - Wiseman Electronics has an agreement with certain...Ch. 19 - Prob. 19.16QCh. 19 - When the income statement includes discontinued...Ch. 19 - Prob. 19.18QCh. 19 - Prob. 19.19QCh. 19 - (Based on Appendix B) LTV Corporation grants SARs...Ch. 19 - Prob. 19.1BECh. 19 - Prob. 19.2BECh. 19 - Prob. 19.14BECh. 19 - Prob. 19.15BECh. 19 - Prob. 19.10ECh. 19 - EPS; concepts; terminology LO195 through LO1913...Ch. 19 - FASB codification research LO192 The FASB...Ch. 19 - Prob. 19.28ECh. 19 - Communication Case 1911 Dilution LO199 I thought...Ch. 19 - Prob. 19.12DMP
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