On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On January 1, 2021, an entity grants five employees 1,000 share options as compensation for their commendable past performance. The share options are exercisable immediately at an exercise price of ₱70, but will expire after two years' time. The fair value per option on grant date is ₱60. As of year-end, no employee has yet exercised its share option. How much is the salaries expense of the year ended January 1, 2021?
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