IFRS Multiple Choice Question 15 Swing High Inc. offers its 100 employees to participate in...
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IFRS Multiple Choice Question 15
Swing High Inc. offers its 100 employees to participate in an employee share-purchase plan. Under the terms of plan, employees are entitled to purchase 10 shares at 10% discount. The par values of shares were $10. Overall, 60 employees accepted the offer and each employee purchased six shares. The market price on purchase date was $100. Swing High Inc. will credit Share PremiumOrdinary for:
| $32,400 | |
| $3,600 | |
| $36,000 | |
| $28,800 |
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