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Question - Phoenix Company decided to issue 1,000 share options to an employee in lieu of many years' service. However, the fair value of the share options cannot be reliably measured as the entity operates in a highly specialized market where there are no comparable entities. The exercise price is P100 per share and the options were granted on January 1, 2017, when the value of the shares was also estimated at P100 per share. At the end of the financial year, December 31, 2017, the value of the shares was estimated at P150 per share, and the options vested on that date. What value should be placed on the share options issued for the year ended December 31, 2017?
A project will increase revenue from $1.9 million to $2.6 million. What is the incremental revenue that will result from accepting this project?
The gross earnings of factory workers for Javelin Manufacturing Company during the month of January are $300,000. The employer's payroll taxes for the factory payroll are $36,000. Of the total accumulated cost of factory labor, 75% is related to d..
jessich inc management estimates that 39 of credit sales will be collected in the month of sale with a 2 prompt payment
Yuli Copters is known to be aggressive in ignoring intellectual property claims. Imagine they just go ahead with the project as stated above - How does this strategy work for them
Overhead is applied at $17.00 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
If a company understated its ending inventory balance for 2014 by $5,000, what are the effects on its net income for 2015
As the new staff person in your company's treasury department, you have been asked to conduct research related to a proposed transfer of receivables. Your supervisor wants the authoritative sources for the following items that are discussed in the..
Dill Computer warranties their $3,000 laptops for 2 years. Provide the entries to accrue warranty expense for the usual 2-year period
Prepare general journal entries for the following transactions of a new company called Pose for Pics.
What final amount would Motlow report on its balance sheet for the Lancaster investment at the end of the year?
What is adjustment if the amount of unearned fees at end of the year is $1,100,000? Indicate each account affected, whether account is increased or decreased
the net income reported on the income statement for the current year was 250000. depreciation recorded on fixed assets
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