Definition
Match the term with the appropriate stock option relateddefinition.
Term Definition
Exercise price: _______ A. Period over which employees performservice—time between the grant date and the vesting date
Exercise period: _______ B. Value determined using an optionpricing model
Service period: _______ C. Options where current stock price> exercise price
Fair value amount: _______ D. Options where current stock price< exercise price
Under water options: _______ E. Period employees may exercisetheir options—time between the vesting date and the expirationdate
In the money options: _______ F. Predetermined price to purchasestock at a future date—also known as the strike price
Scenario:
On December 31, 2015, a Company reports the following amounts:Loss from Discontinued Operations, Net of Tax=$90,000; NetIncome=$510,000; Weighted Average Number of SharesOutstanding=150,000 shares. Based on this information, complete thefollowing table reporting per share amounts for Income fromContinuing Operations, Loss from Discontinued Operations, Net ofTax, and Net Income.
Earnings Per Share | Per Share Amount |
Income from Continuing Operations | |
Loss from Discontinued Operations, Net of T | |
Net Income | |