How much will be credited to share premium

Assignment Help Financial Accounting
Reference no: EM132545448

An entity grants to an employee the right to choose either 5,000 phantom shares, a right to a cash payment equal to the value of 5,000 shares, or 6,000 shares. The grant is conditional upon the completion of three years' service. If the employee chooses the share alternative, the shares must be held for three years after vesting date.

  • At grant date, the entity's share price is P81 per share. At the end of years 2020, 2021 and 2022, the share price is P82, P85 and P90, respectively. The entity does not expect to pay dividends in the next three years. After taking into account the effects of the post-vesting transfer restrictions, the entity estimates that the grant date fair value of the share alternative is P78 per share.

Question 1. How much is the compensation expense for 2020?

Question 2. How much is the compensation expense for 2021?

Question 3. How much is the compensation expense for 2022?

Question 4. How much is the liability as of yearend 2020?

Question 5. How much is the liability as of yearend 2021?

Question 6. How much is the liability as of yearend 2022?

Question 7. If the employee chooses the cash alternative, how much will be credited to share premium?

Reference no: EM132545448

Questions Cloud

What common interests are shared by bankers : Monica Orgeta, president and owner of Star Enterprises, applied for a $250,000 loan, What common interests are shared by bankers and business owners
Calculate the unrealized profit and final profit : which included a mark-up of one-third. 50% of these goods were still in inventory at the end of the year. Calculate the unrealized profit/ and final profit.
Write Maple Leaf Foods accounting equation : Assume Maple Leaf Foods Inc. has current assets of $633.6 million, capital assets of $1,126.7 million, Write Maple Leaf Foods accounting equation
Discuss how criminal justice public policy : Discuss how criminal justice public policy can remedy deficiencies and how your chosen topic has been influenced by policy.
How much will be credited to share premium : If the employee chooses the cash alternative, how much will be credited to share premium? How much is the compensation expense for 2022?
Juvenile-justice professionals and policy makers : Researchers and practitioners (juvenile-justice professionals and policy makers) are familiar with several models used to understand the underlying problems
What is the payback period projected : Jane plans to open a bike repair shop in Scarborough. She will operate the shop for five years, What is the payback period projected
Discuss memorandum to the azmi and azzah evaluating : Discuss memorandum to the Azmi and Azzah evaluating Mountain Berhad's current performance and assessing its future. Give special emphasis
Prepare cannon companys statement of cash flows : Prepare Cannon Company's statement of cash flows for the year ending December 31, 2015 using the indirect method

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd