In order to retain certain key executives, Wildhorse Corporation granted them incentive stock options on December 31, 2024.. of 152000 options were granted at an option price of $35 per share. Market prices of the stock were as follows: December 31, 2025 December 31, 2026 $44 per share 49 per share The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1, The Black-Scholes option-pricing model determined total compensation expense to be $1501000. What amount of compensation expense should Wildhorse recognize as a result of this plan for the year ended December 31, 20 under the fair value method? O $750500 $1653000 O $1501000 O $2622950

In order to retain certain key executives, Wildhorse Corporation granted them incentive stock options on December 31, 2024.. of 152000 options were granted at an option price of $35 per share. Market prices of the stock were as follows: December 31, 2025 December 31, 2026 $44 per share 49 per share The options were granted as compensation for executives' services to be rendered over a two-year period beginning January 1, The Black-Scholes option-pricing model determined total compensation expense to be $1501000. What amount of compensation expense should Wildhorse recognize as a result of this plan for the year ended December 31, 20 under the fair value method? O $750500 $1653000 O $1501000 O $2622950

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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