The number of melt ponds on Arctic summer sea ice and its reflectance are required for better climate modeling and weather prediction. In order to derive these quantities from optical satellite observations, simple analytical formulas for the bidirectional reflectance factor and albedo at direct and diffuse incidence are derived from basic assumptions and verified with in situ measurements made during the expedition ARK-XXVII/3 of research vessel Polarstern in 2012.