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How should cottesloe ltd account for the vesting condition

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Reference no: EM132805265

Cottesloe Ltd has granted its managing director 50 000 share options conditional upon him remaining with the company for a further five years. In addition, the share price must increase by 50 per cent before the end of year 5.

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Problem 1: How should Cottesloe Ltd account for the above vesting conditions?

Reference no: EM132805265

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