10. Melissa Corporation granted share options to its employees with a fair value of P4,500,000 on January 1, 2012. The options vest in three years and the options are exercisable starting January 1,2015 until December 31, 2016. On December 31, 2012, it was estimated that 5% of employees will leave the entity during the vesting period. This estimate was revised to 6% during the year 2013. On December 31, 2014, employees record indicates that 90% of the employees stayed and became entitled to the options. What would be the expense charged during the year ended December 31, 2012? a. P1,350,000 O b. P1,410,000 O c. P1,425,000 O d. P1,500,000
10. Melissa Corporation granted share options to its employees with a fair value of P4,500,000 on January 1, 2012. The options vest in three years and the options are exercisable starting January 1,2015 until December 31, 2016. On December 31, 2012, it was estimated that 5% of employees will leave the entity during the vesting period. This estimate was revised to 6% during the year 2013. On December 31, 2014, employees record indicates that 90% of the employees stayed and became entitled to the options. What would be the expense charged during the year ended December 31, 2012? a. P1,350,000 O b. P1,410,000 O c. P1,425,000 O d. P1,500,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![10. Melissa Corporation
granted share options to its
employees with a fair value
of P4,500,000 on January 1,
2012. The options vest in
three years and the options
are exercisable starting
January 1,2015 until
December 31, 2016. On
December 31, 2012, it was
estimated that 5% of
employees will leave the
entity during the vesting
period. This estimate was
revised to 6% during the year
2013. On December 31, 2014,
employees record indicates
that 90% of the employees
stayed and became entitled
to the options. What would
be the expense charged
during the year ended
December 31, 2012?
O a. P1,350,000
O b. P1,410,000
O c. P1,425,000
O d. P1,500,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71ae9ba1-a6e1-4957-9e88-3362cdd17450%2F86a651d1-774a-48e8-9226-f000ac618577%2F3gzs1vf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:10. Melissa Corporation
granted share options to its
employees with a fair value
of P4,500,000 on January 1,
2012. The options vest in
three years and the options
are exercisable starting
January 1,2015 until
December 31, 2016. On
December 31, 2012, it was
estimated that 5% of
employees will leave the
entity during the vesting
period. This estimate was
revised to 6% during the year
2013. On December 31, 2014,
employees record indicates
that 90% of the employees
stayed and became entitled
to the options. What would
be the expense charged
during the year ended
December 31, 2012?
O a. P1,350,000
O b. P1,410,000
O c. P1,425,000
O d. P1,500,000
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