Hi I am not sure how to go about answering this question on my homework. ABC...

Hi I am not sure how to go about answering this question on my homework.

ABC corporation adopts a compensatory stock option plan. the plan covers 25 executives and provides each executive 300 otions to purchase stock for $100/share. the options vest in 3 years. the plan starts on 1/1/18 and matures 12/31/20. we assume a 95% retention rate. at 12/31/20 22 executives earn the options. each option is valued at $17/share. record the journal entries for 12/31/18, 12/31/19, and 12/31/20.

thank you

Expert Solution

ekkarill92 answered 1 year ago

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