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Question 19. X Co issued 10,000 share appreciation rights to each of its 12 directors on 1 July 20X5. The rights had a fair value
Question 19. X Co issued 10,000 share appreciation rights to each of its 12 directors on 1 July 20X5. The rights had a fair value of $4 each at 1 July 20X5 and vest if the directors remain employed for 4 years. At 30 June 20X6 the rights have a fair value of $5.50 each and no directors have left or are expected to leave. What expense is recognised in the financial statements of X Co in the year ended 30 June 20X6?
$120,000
$165,000
$480,000
$660,000
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