U-LEE Company granted 180,000 restricted share awards of its no-par ordinary shares to executives, subject to forfeiture if employment is terminated within three years. U-LEE's' ordinary shares have a market price of $10 per share on January 1, 2021, the grant date, and on December 31, 2022, averaging $10 throughout the year.

U-LEE Company granted 180,000 restricted share awards of its no-par ordinary shares to executives, subject to forfeiture if employment is terminated within three years. U-LEE's' ordinary shares have a market price of $10 per share on January 1, 2021, the grant date, and on December 31, 2022, averaging $10 throughout the 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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