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Business, 23.04.2020 04:09 wwwvio7565

On December 31, 2020, Oriole Company granted some of its executives options to purchase 153000 shares of the company's $50 par common stock at an option price of $60 per share. The Black-Scholes option pricing model determines total compensation expense to be $2940000. The options become exercisable on January 1, 2021, and represent compensation for executives' past and future services over a three-year period beginning January 1, 2021. What is the impact on Oriole's total stockholders' equity for the year ended December 31, 2020, as a result of this transaction under the fair value method?

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On December 31, 2020, Oriole Company granted some of its executives options to purchase 153000 share...
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