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Use the following information for the next two (2) questions: On January 1, 2018, Nozoto Corp. granted an employee an option to purchase 3,000 shares of Nozoto's P5 par value ordinary shares at Pzo per share. the option became exercisable on December 31, 2019, after the employee completed two years of service. The market prices of Nozoto's shares and share options were as follows: Date Market price of share Market price of similar share option January 1, 2018 30 December 31, 2018 50 December 31, 2019 45 11 46) Nozoto should recognized compensation expense in 2018 profit or loss of: A. 45,000 B. 30,000 C. 15,000 D. 12,000 47) Assuming the fair value of the share options cannot be reliably measured, Nozoto should recognized compensation expense in 2018 profit or loss of: A. 45,000 B. 30,000 C. 15,000 D. 12,000 Use the following information for the next two (2) questions: On January 1, 2023, Alarciooooooooooooo! Company granted share options to its key officers for the purchase of 20,000, P100 par value ordinary shares at P250 per share. The options are exercisable within a 5- years period beginning January 1, 2025, by officer still in the employ of Alarciooooooooooooo!, and expiring December 31, 2029. Using an option pricing model, the total compensation expense is P4,000,000. On April 1, 2024, 3,000 options were forfeited when some officers resigned from the entity. The market price of the share on this date was P350. On March 31, 2025, 12,000 options were exercised when the market price of the share was P400. 48) What is the compensation expense for 2024? A. 4,000,000 B. 3,400,000 C. 2,000,000 D. 1,400,000 49) What amount of share premium from issue of share capital is recognized on March 31, 2025? A. 2,400,000 B. 4,200,000 C. 3,000,000 D. 6,000,000 50) On July 1, 2021, Stonger Company granted share options to key employees for the purchase of 20,000 of the company's ordinary share capital at P25 per share. based on an option-pricing model used by the company, the fair value of each share option on the date was P9. The options are intended to compensate employees for the next two years. The options are exercisable within a four-year period beginning July 1, 2023 by grantees still in the employ of the company. The market price of Stronger's ordinary share was P33 per share at the date of grant. No share option were terminated during the year. How much should Stronger charge to compensation expense for the year ended December 31, 2021? A. 45,000 B. 80,000 C. 90,000 D. 160,000