On January 1 2018 Ellison Company Granted Sam Wine An Employee An Option To Buy

On january 1, 2018, ellison company granted sam wine, an employee, an option to buy 1,000 shares of ellison co. stock for $30 per share, the option exercisable for 5 years from date of grant. using a fair value option pricing model, total compensation expense is determined to be $6,000. wine exercised his option on october 1, 2018 and sold his 1,000 shares on december 1, 2018. quoted market prices of ellison co. stock in 2018 were:

"Order a similar paper and get 100% plagiarism free, professional written paper now!"

Order Now