On January 1, 2018, Western Wear. Inc., granted 100,000 stock options to its employees. Of these options,
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On January 1, 2018, Western Wear. Inc., granted 100,000 stock options to its employees. Of these options, 30% will vest on December 31, 2018, 30% will vest on December 31, 2019, and the remaining 40% will vest on December 31, 2020. The fair value of the options was$ 15.34 per share using a weighted-average expected life. The fair value of the 30,000 shares that vest in 2018 is $ 14.67 per share. The fair value of the 30,000 shares that vest in 2019 is $15.38 per share and the fair value of the remaining options is $16.30 per share in 2020. Western does not expect any forfeitures. Western Wear is an IFRS reporter. Prepare a memo to the file addressing Western Wear's compensation expense for 2018 through 2020. Use the international authoritative literature for support.
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MEMORANDUM TO THE FILE TO Client File x Western Wear Inc FROM Student Name DATE Assignment Date RE A...View the full answer
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