Multiple Choice
Penneshaw 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 Penneshaw Ltd related to this share option for the year ended 30 June 2012?
A) $16 000;
B) $20 000;
C) $21 333;
D) $26 400;
E) None of the given answers
Correct Answer:
Verified
Correct Answer:
Verified
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