Fx services granted 15 million of its 1 par common shares


FX Services granted 15 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. The common shares have a market price of $8 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?

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Financial Accounting: Fx services granted 15 million of its 1 par common shares
Reference No:- TGS01599726

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