Question
Jupiter Ltd has offered share options of 200 shares to each of its 1,000 employees. The vesting condition is that the employees need to
Jupiter Ltd has offered share options of 200 shares to each of its 1,000 employees. The vesting condition is that the employees need to remain in continuous employment for the next five years. The estimated fair value of each share option is Tshs 3,000. The entity estimates that 25% of the employees will leave the organisation during the five-year period. Required: Compute the amount to be recognised in the financial statements during those five years
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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