Question
On January 1, 2020, Ladder Corporation granted share options to each of its 1,000 employees provided they remain in service for three years and the
On January 1, 2020, Ladder Corporation granted share options to each of its 1,000 employees provided they remain in service for three years and the company will register an average sales increase, over the three-year period, of the following rates to get an equivalent number of options each as follows: 5% 10% 15% 20% & over 100 150 200 250 The fair value of the option at the date of grant cannot be estimated reliably, but each P 100 par value share has a market price of P 120 per share, which is also the exercisable price. The option can be exercised two years after its exercisable date and after that it will be considered expired. The results, at the end of each year, related to option computations are presented as follows: Year Market Value of Shares P 125 130 140 135 145 150 % of Sales Increase Employee Leaving 20 30 50 70 50 72 Expected to Leave 40 60 80 100 84 82 Option Exe 2020 2021 2022 2023 2024 2025 8% 12% 20% 14% 16% 24% 67,500 40,500 27,000 Under the above conditions and situations, determine the following: SOLVE ALL THE REQUIREMENTS IN THIS PROBLEM HERE. ANSWER EACH QUESTION IN THE INDICA NUMBER. QUESTION UNDER THIS NUMBER.
What is the balance of Share Option Outstanding at the end of 2021?
2. What is the salary expense pertaining to the share option in 2024?
3. What is the Share Premium on Share Capital credited upon its exercised of option in 2023?
4. How much is the balance of Share Option Outstanding at the end of 2024? How much is the total Share Option Outstanding expired?
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ANSWER 1 The balance of Share Option Outstanding at the end of 2021 is 27000 2 The salary expense pe...Get Instant Access to Expert-Tailored Solutions
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