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Business, 07.04.2020 20:28 jasminebaeeecx

At January 1, 2016, Ginobili Company had issued 25,000 executive stock options permitting executives to buy 25,000 shares of stock for $20. The fair value of the options and vesting schedule is estimated as follows: Vesting Amount Fair Value Date Vesting per Option Dec. 31, 2016 10% $ 5 Dec. 31, 2017 30% $ 7 Dec. 31, 2018 60% $10 Assuming Ginobili prepares its financial statements in accordance with International Financial Reporting Standards, what is the compensation expense related to the options to be recorded in 2017

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