Multiple Choice
Longreach Ltd grants 100 options to each of its 50 employees on 1 July 2009.Each grant is conditional on the employee working for the company for 3 years.The fair value of each option at grant date is $15. The following information is available:
What is the employee benefits expense of Longreach Ltd related to this share option for the year ended 30 June 2010?
A) $18 667;
B) 20 000;
C) $26 667;
D) $56 000;
E) $60 000
Correct Answer:
Verified
Correct Answer:
Verified
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