Solved

Mayhill Inc

Question 32

True/False

Mayhill Inc. reports 4,287,000 stock options granted during fiscal 2017 at a weighted-average fair-value of $23.10. The average vesting period for these options is four years. Mayhill should record a $99,029,700 expense on its income statement related to this option grant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions