On February 1, 20x1, Seattle Grace Co. offered its key employees share options that enable them to acquire Seattle Grace shares for P320. The shares are selling at P480. On February 5, 20x1, the key employees counter-offered an exercise price of P280 which was accepted by the board on February 6, 20x1. The share options were approved by the shareholders on a general meeting on April 1, 20x1. The key employees received the share options on May 1, 20x1 and are to be exercised on before December 31, 20x1. Information on the fair value of the share options is shown below: 1-Feb 160 1-Apr 1-Мay 166 162 164 5-Feb 168 6-Feb What amount of fair value is assigned to the share options? a. 160 c. 166 d. 168 b. 164

On February 1, 20x1, Seattle Grace Co. offered its key employees share options that enable them to acquire Seattle Grace shares for P320. The shares are selling at P480. On February 5, 20x1, the key employees counter-offered an exercise price of P280 which was accepted by the board on February 6, 20x1. The share options were approved by the shareholders on a general meeting on April 1, 20x1. The key employees received the share options on May 1, 20x1 and are to be exercised on before December 31, 20x1. Information on the fair value of the share options is shown below: 1-Feb 160 1-Apr 1-Мay 166 162 164 5-Feb 168 6-Feb What amount of fair value is assigned to the share options? a. 160 c. 166 d. 168 b. 164

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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