What is effect on earnings in the year after the shares

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Doe co. granted 12 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within 3 years. The common shares have a market price of $6 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to exec's?

Reference no: EM13129945

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