Baltac Corp. (BC) has been a publicly accountable enterprise for the past five years, homework help

There are 4 questions totally in the file, please see them before you accept this question.

Here is a sample of question 1 you can see.

Question 1

Baltac Corp. (BC) has been a publicly accountable enterprise for the past five years. On December 16, 2016, for the first time, BC adopted a stock option plan for its three top executives. The company agreed to make 45,000 shares available under this plan and agreed on a strike price of $21 per share. On December 16, 2016, the company’s share price on the TSE closed at $21.

On January 3, 2017, the following options were granted to each of executives Smith, Jones and Chen, and the options granted at this time were estimated to have a total fair value of $405,000:

  • – For services to be provided in 2017: 4,000 options each
  • – For services to be provided in 2018: 5,000 options each
  • – For services to be provided in 2019: 6,000 options each

15,000 options each

The options are exercisable during the two-year period from January 1, 2020 to December 31, 2021, after which they will expire. The market prices of the BC shares were as follows:

January 3, 2017 $20.50

December 31, 2017 $23.00

December 31, 2018 $28.10

December 31, 2019 $30.00

December 31, 2020 $31.50

December 31, 2021 $28.00

The three executives exercised their options as follows: 50% of the options on December 31, 2020 and the other 50% on December 31, 2021.

Required:

  • a)Determine the compensation expense recognized by BC in each year from 2016 to 2021.
  • b)Identify the accounts and amounts that will be reported on BC’s statement of financial position for each year ending December 31 from 2016 to 2021. Also identify the balance sheet classification of these balance sheet account(s).

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
error: Content is protected !!