User Account

All Pages

How much is the share premium credited for the issuance

Assignment Help Accounting Basics
Reference no: EM133114839

Question - On January 1, 2020, Kenya Company granted 100 share options each to 500 employees, conditional upon the employee's remaining in the entity's employ during the vesting period.

The share options vesting period is at the end of year 3.

The fair value of each share option at the date of the grant is 30.

The Par value of each share is 100 & the option price is 120.

On December 31, 2021, 30 employees left and it is expected that based on a weighted average probability, a further 30 employees will leave before the end of the three years. On December 31, 2022, there are 20 employees left and all of the share options are exercised on such date.

How much is the salary expense in 2020?

How much is the salary expense in 2021?

How much is the salary expense in 2022?

How much is the share premium credited in 2022 for the issuance of shares?

How much is the salary expense in 2020?

What are the related journal entry?

Reference no: EM133114839

Questions Cloud

Determine the interest rate parity is currently holding : 1) Explain in your own words what Interest Rate Parity is. Why is the IRP concept important?
Which stock has the best performance : Which stock has the best performance? Justify your answer by computing the Sharpe index of each of these stocks. You need the following information to compute t
What statistical issues should you consider in estimation : Carefully explain how you could estimate the beta of an asset. What statistical issues should you consider in your estimation?
Calculate the degree of leverage for the two projects : Q1- You has been provided with the following information about two investment projects: as financial manager What is needed is:
How much is the share premium credited for the issuance : The Par value of each share is 100 & the option price is 120. How much is the share premium credited in 2022 for the issuance of shares
What securities does it make sense to buy for an investor : The average market yield is 10% and the risk-free rate of return is 7%. The investor has the opportunity to invest in five instruments: A shares - having a beta
Compute the payback period and return on investment : Mr. Sam Juan invested a capital of 1000000 and during the year they earn a net income before tax of 150,000. Compute the payback period and return on investment
Calculate the company income tax expense : A company owns a municipal bond that pays $28,000 interest annually. The company's financial reporting income before income taxes and municipal bond interest is
Find amc maximal profit : AMC theater is a local monopolist of movies. AMC faces two types of customers: regular (R), and colleague students (S). The demand function for regular customer

Reviews

Write a Review

Accounting Basics Questions & Answers

  Attributes of the data before deciding on new standards

The average of these credit scores is 580. Why would it be useful for managers of the lender to examine other attributes of the data before deciding on new standards?

  What is the balance in the supplies expense account

Prepare an income statement, balance sheet, and statement of cash flows for the 2013 accounting period.

  Show effect of each on accounting equation for corporation

Company XYZ entered in the following transactions - Analyze each transaction and show the effect of each on the accounting equation for a corporation

  Collection process generates revenues

The sales and collection process generates revenues, accounts receivable, and cash flow information for a firm's financial statements. What other information do you think manager would like to collect?

  Reported cost of goods sold

Sarasota Enterprises Ltd. reported cost of goods sold for 2017 of $2.4 million and retained earnings of $4.2 million at December 31, 2017.

  What is the division residual income

Management's target rate of return is 20% and the weighted average cost of capital is 10%. What is the division Residual Income

  What role does the relevant-range concept plan in

what role does the relevant-range concept plan in explaining how costs behave. explain why unit costs must often be

  Explain why it is important to analyze eah financial

explain why it is important to analyze eah financial transaction of a business and to report it in the accounting

  What is each pa ners deductible share of the loss

Den and Carr are partners in the Den-Carr Pa nership. Under the terms of the partnership agreement, Den is to receive 25% of all partnership income or loss.

  Common source of asset write-offs

What is a common source of asset write-offs?

  How are changes in business activities monitored and tracked

How are changes in business activities monitored and tracked? What are the steps in the accounting cycle? Is the order of the steps important?

  Determine the costs to be capitalized as property and plant

In 2009, Excetera, Inc. installed a new computerized production line. Determine the costs to be capitalized as property, plant and equipment under IFRS.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd