财务报表分析与证 券估值优质课件 (6).pptVIP

* * * * * * * * * On December 31, 2004 the stock price stood at $45 per share and the total option value at $105,000. On December 31, 2005 the stock price stood at $57 per share and the total option value at $198,000. On February 28, 2006, the CEO exercised the options when the stock price was $68 per share. Clinic IV-* Exercise Date Accounting: The Journal Entries Clinic IV-* Exercise Date Accounting: The Journal Entries The liability is extinguished and the difference between the carrying value of the liability (plus cash) and the market value of the shares is an additional loss. Clinic IV-*