What amount should be recognized as compensation expense for the current year?*see attacheda. 600,000b. 300,000c. 800,000d. 400,000 At the beginning of the current year, Kilua Company granted share optionsto key employees for the purchase of Php40,000 shares at Php25 per share.The options are intended to compensate employees for the next two years.The options are exercisable within a four-year period after vesting bygrantees still in the employ of the entity.The market price of the share was Php40 at the date of grant. The fairvalue of each share option is Php20. No share options were terminatedduring the current year.

The shares given to the employees of the company, keeping their good performance in mind or due to…

Answered: mpensation expense for the current year

Business

Accounting

mpensation expense for the current year

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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